Property News · June 13, 2017

Does ‘radius clause’ in shopping centre leases breach Hong Kong’s Competition Ordinance?


Travel 50km in most European countries and there is a good chance you will encounter no more than one major city. Apply that same radius to Tsim ShaTsui and you would cover all of Hong Kong’s major islands, the entire New Territories and a good corner of mainland China.
The radius clause, a non-compete provision where the landlord restricts a tenant from opening another similar business within a prescribed radius, is a common feature in shopping centre leases in Hong Kong, as it is…

Source : South China Morning Post
Read more…Does ‘radius clause’ in shopping centre leases breach Hong Kong’s Competition Ordinance?