11 premises raided over alleged bid-rigging to supply virtual reality systems to schools

Hong Kong’s competition watchdog has raided 11 offices and homes over alleged bid-rigging for contracts to supply virtual reality (VR) systems to schools and non-profit organisations, with the deals valued at HK$10 million. The Competition Commission revealed on Friday that it had secured warrants and searched the 11 premises, including those of several IT service and equipment providers, other firms...