Hong Kong Competition Commission: Supports the government's legislation to regulate ride-hailing services. Believes that competition can enhance service efficiency and encourage innovation.

The Hong Kong government plans to propose a framework for regulating ride-hailing platforms within the year and is currently collecting opinions. Vincent Cheung, Chairman of the Hong Kong Competition Commission, stated on February 25 that he supports legislation to regulate ride-hailing services, in order to ensure fair competition between taxis and ride-hailing services, and is ready to provide recommendations to the government. The Competition Commission will provide policy analysis and recommendations to the government on competition issues in accordance with its statutory functions, with the principle of "competition leads to progress", believing that competition can improve service efficiency and encourage innovation. Cheung mentioned that he has used different ride-hailing platforms in mainland China, and due to competition, the efficiency and quality of service of ride-hailing services and taxis are increasingly improving. He believes that competition not only benefits consumers but can also lead to a good regulatory framework to safeguard the industry, taxi drivers, and licensed ride-hailing drivers. The Competition Commission has a dedicated team to monitor and enforce competition issues and laws both domestically and internationally, and if any company is suspected of abusing market power or violating competition laws in the local market, an investigation will be launched.