This is the first academic monograph on the new competition law in Hong Kong. It provides an overview of the historical background of the Competition Ordinance, highlighting the debate and the process that led to the adoption of the Ordinance. It offers detailed comparative and theoretical analysis of the key provisions of the Ordinance, focusing on the First Conduct Rule, the Second Conduct Rule, the exclusions and exemptions, and the procedural provisions. It draws on overseas legislation and jurisprudence that inspired the provisions in the Ordinance and incorporates a detailed examination of the latest cases decided by the Competition Tribunal. It engages in relevant academic debates and theoretical analysis of how competition law in Hong Kong should develop in light of its unique economic and political contexts. It concludes by setting forth of a set of recommendations for further reform.

The Pacific Rim Conferences for the first decade from the mid 1980's to the mid 1990's were primary concerned with binary stars research. The Conference expanded to all areas of Stellar Astrophysics for the last two meetings in Hong Kong; at Hong Kong University of Science and Technology in 1997 and at the Hong Kong University in 1999. At the conclusion of the very successful Pacific Rim Conference on Stellar Astrophysics held in Hong Kong University, members of the Sci entific Organizing Committee began planning for the next conference. We approached Professor Tan Lu of Nanjing University and Professor Tipei Li of the Institute of High Energy Physics about hosting a con ference in China. The city of Xi'an in Shaanxi province and a city in Yunnan province, were considered to be the most likely locations. It be came crucial to find the right person to serve as Chair (or Co-chairs) for the Local Organizing Committee. Initially, Professor Lu was the logical choice but he declined for personal reasons. Professor Li was invited to lead a new department of Astrophysics at Tsinghua University so he could not take on the additional load of chairing the LOC. Professor Gang Zhao of Beijing Astronomical Observatory was approached to take on the task but he also declined. This has been a busy time for Chinese astronomers. The SOC decided to have the conference dedicated to honor Dr. Helmut A."

Gamma-ray astronomy has undergone an enormous progress in the last 15 years. The success of satellite experiments like NASA's Comp ton Gamma-Ray Observatory and ESA's INTEGRAL mission, as well as of ground-based instruments have open new views into the high-energy Universe. Different classes of cosmic gamma-ray sources have been now detected at different energies, in addition to young radio pulsars and gamma-ray bursts, the classical ones. The new sources include radio quiet pulsars, microquasars, supernova remnants, starburst galaxies, ra dio galaxies, flat-spectrum radio quasars, and BL Lacertae objects. A large number of unidentified sources strongly suggests that this brief enumeration is far from complete. Gamma-ray bursts are now estab lished as extragalactic sources with tremendous energy output. There is accumulating evidence supporting the idea that massive stars and star forming regions can accelerate charged particles up to relativistic ener gies making them gamma-ray sources. Gamma-ray astronomy has also proved to be a powerful tool for cosmology imposing constraints to the background photon fields that can absorb the gamma-ray flux from dis tant sources. All this has profound implications for our current ideas about how particles are accelerated and transported in both the local and distant U niverse. The evolution of our knowledge on the gamma-ray sky has been so fast that is not easy for the non-specialist scientist and the graduate student to be aware of the full potential of this field or to grasp the fundamentals of a given topic in order to attempt some original contribution.

The Pacific Rim Conference originally started with one research concentration only - binary star research. The first Conference was held in Beijing, China, 1985, the second one in Seoul and Taejon, South Korea, 1990 and the third one in Chiang Mai, Thailand, 1995. In recent years, the conference series evolved into a much broader area of stellar astrophysics. The first such conference was held in Hong Kong in 1997. Kwong-Sang Cheng, a. k. a. one of the three Musketeers, documented the "accidental" development in writing in the Proceedings of the 1997 Pacific Rim Conference on Stellar Astrophysics (Volume 138 of the ASP Conference Series)! The meeting at Hong Kong University of Science and Technology covered three major topics: binary stars, compact stars and solar type stars. The conference was extremely successful. There was a general feeling among the participants that the conference on stellar astrophysics provided a good means to share ideas between such closely related disciplines. Unfortunately after the very successful meeting at HKST, Kwing L. Chan (another Musketeer) thought that he had already served and would not like to chair for another LOC for at least five years! After a few drinks at one of the watering holes in Wan Chai district of Hong Kong, Kwong-Sang Cheng was in very hiRh spirit and volunteered to taking on the responsibility of hosting the 51 Pacific Rim Conference at Hong Kong University in 1999.

Global Production and Trade in East Asia focuses on the profound change that the traditional paradigm of production and international trade has undergone in the last two decades or so as a result of worldwide trade and investment liberalization. This ongoing transformation has been both aided and stimulated by advances in telecommunications, transportation, and information management. The liberalization of trade and investment on the one hand and advances in communications technology on the other have further promoted global production networks in which vertical stages of final goods are fragmented across countries. International fragmentation of production, which enables international division of labor not only in final products but also in vertically related components, is more evident than ever before. The book documents the process of international production fragmentation and trade in East Asian economies, studies the mechanics of the process, explores the theory behind the phenomenon, and identifies important policy implications. It focuses on production fragmentation and trade in East Asia because this is the part of the world where the phenomenon is most visible. With contribution by well-known international economics scholars from North America, Europe, and the Asia-Pacific, the book distinguishes itself with high global quality and rich regional content. It achieves a fine balance between theory, policy, and empirical work. This book will interest scholars of international trade, foreign investment and international business, regional specialists in East Asian economies, policymakers and advisors in international economic relations, and anyone else who follows important economic issues of globalization.

This book brings together perspectives of development economics and law to tackle the relationship between competition law enforcement and economic development. It addresses the question of whether, and how, competition law enforcement helps to promote economic growth and development. This question is highly pertinent for developing countries largely because many developing countries have only adopted competition law in recent years: about thirty jurisdictions had in place a competition law in the early 1980s, and there are now more than 130 competition law regimes across the world, of which many are developing countries. The book proposes a customized approach to competition law enforcement for developing countries, set against the background of the academic and policy debate concerning convergence of competition law. The implicit premise of convergence is that there may exist one, or a few, correct approaches to competition law enforcement, which in most cases emanate from developed jurisdictions, that are applicable to all. This book rejects this assumption and argues that developing countries ought to tailor competition law enforcement to their own economic and political circumstances. In particular, it suggests how competition law enforcement can better incorporate development concerns without causing undue dilution of its traditional focus on protecting consumer welfare. It proposes ways in which approaches to competition law enforcement need to be adjusted to reflect the special economic characteristics of developing country economies and the more limited enforcement capacity of developing country competition authorities. Finally, it also addresses the long-running debate concerning the desirability and viability of industrial policy for developing countries. The author would like to acknowledge the Research Grants Council of Hong Kong for its generous support. The work in this book was fully supported by a grant from the Research Grants Council of Hong Kong (Project No. HKU 742412H).

Nearly one half of the point-like gamma-ray sources detected by EGRET instrument of the late Compton satellite are still defeating our attempts at identifying them. To establish the origin and nature of these enigmatic sources has become a major problem of current high-energy astrophysics. The second workshop on Multiwavelength Approach to Unidentified Gamma-ray Sources intends to shed new and fresh light on the problem of the nature of the unidentified gamma-ray sources.

The proceedings contain 46 contributed papers in this subject, which cover theoretical models on gamma-ray sources as well as the best multiwavelength strategies for the identification of the promising candidates. The topics of this conference also include energetic phenomena occurring both in galactic and extragalactic scenarios, phenomena that might lead to the appearance of what we have called high-energy unidentified sources.

The book will be of interest for all active researchers in the high-energy astrophysics and related research areas as well as for scientists and graduate students interested in understanding the recent progress in high-energy astrophysics.

The Pacific Rim Conference originally started with one research concentration only - binary star research. The first Conference was held in Beijing, China, 1985, the second one in Seoul and Taejon, South Korea, 1990 and the third one in Chiang Mai, Thailand, 1995. In recent years, the conference series evolved into a much broader area of stellar astrophysics. The first such conference was held in Hong Kong in 1997. Kwong-Sang Cheng, a. k. a. one of the three Musketeers, documented the "accidental" development in writing in the Proceedings of the 1997 Pacific Rim Conference on Stellar Astrophysics (Volume 138 of the ASP Conference Series)! The meeting at Hong Kong University of Science and Technology covered three major topics: binary stars, compact stars and solar type stars. The conference was extremely successful. There was a general feeling among the participants that the conference on stellar astrophysics provided a good means to share ideas between such closely related disciplines. Unfortunately after the very successful meeting at HKST, Kwing L. Chan (another Musketeer) thought that he had already served and would not like to chair for another LOC for at least five years! After a few drinks at one of the watering holes in Wan Chai district of Hong Kong, Kwong-Sang Cheng was in very hiRh spirit and volunteered to taking on the responsibility of hosting the 51 Pacific Rim Conference at Hong Kong University in 1999.

Global Production and Trade in East Asia focuses on the profound change that the traditional paradigm of production and international trade has undergone in the last two decades or so as a result of worldwide trade and investment liberalization. This ongoing transformation has been both aided and stimulated by advances in telecommunications, transportation, and information management. The liberalization of trade and investment on the one hand and advances in communications technology on the other have further promoted global production networks in which vertical stages of final goods are fragmented across countries. International fragmentation of production, which enables international division of labor not only in final products but also in vertically related components, is more evident than ever before. The book documents the process of international production fragmentation and trade in East Asian economies, studies the mechanics of the process, explores the theory behind the phenomenon, and identifies important policy implications. It focuses on production fragmentation and trade in East Asia because this is the part of the world where the phenomenon is most visible. With contribution by well-known international economics scholars from North America, Europe, and the Asia-Pacific, the book distinguishes itself with high global quality and rich regional content. It achieves a fine balance between theory, policy, and empirical work. This book will interest scholars of international trade, foreign investment and international business, regional specialists in East Asian economies, policymakers and advisors in international economic relations, and anyone else who follows important economic issues of globalization.

The vast majority of the countries in the world are developing countries--there are only thirty-four OECD (Organisation for Economic Co-operation and Development) countries--and yet there is a serious dearth of attention to developing countries in the international and comparative law scholarship, which has been preoccupied with the United States and the European Union. "Competition Law and Development" investigates whether or not the competition law and policy transplanted from Europe and the United States can be successfully implemented in the developing world or whether the developing-world experience suggests a need for a different analytical framework. The political and economic environment of developing countries often differs significantly from that of developed countries in ways that may have serious implications for competition law enforcement.
The need to devote greater attention to developing countries is also justified by the changing global economic reality in which developing countries--especially China, India, and Brazil--have emerged as economic powerhouses. Together with Russia, the so-called BRIC countries have accounted for thirty percent of global economic growth since the term was coined in 2001. In this sense, developing countries deserve more attention not because of any justifiable differences from developed countries in competition law enforcement, either in theoretical or practical terms, but because of their sheer economic heft. This book, the second in the "Global Competition Law and Economics" series, provides a number of viewpoints of what competition law and policy mean both in theory and practice in a development context.

The Pacific Rim Conferences for the first decade from the mid 1980's to the mid 1990's were primary concerned with binary stars research. The Conference expanded to all areas of Stellar Astrophysics for the last two meetings in Hong Kong; at Hong Kong University of Science and Technology in 1997 and at the Hong Kong University in 1999. At the conclusion of the very successful Pacific Rim Conference on Stellar Astrophysics held in Hong Kong University, members of the Sci entific Organizing Committee began planning for the next conference. We approached Professor Tan Lu of Nanjing University and Professor Tipei Li of the Institute of High Energy Physics about hosting a con ference in China. The city of Xi'an in Shaanxi province and a city in Yunnan province, were considered to be the most likely locations. It be came crucial to find the right person to serve as Chair (or Co-chairs) for the Local Organizing Committee. Initially, Professor Lu was the logical choice but he declined for personal reasons. Professor Li was invited to lead a new department of Astrophysics at Tsinghua University so he could not take on the additional load of chairing the LOC. Professor Gang Zhao of Beijing Astronomical Observatory was approached to take on the task but he also declined. This has been a busy time for Chinese astronomers. The SOC decided to have the conference dedicated to honor Dr. Helmut A."

Nearly one half of the point-like gamma-ray sources detected by EGRET instrument of the late Compton satellite are still defeating our attempts at identifying them. To establish the origin and nature of these enigmatic sources has become a major problem of current high-energy astrophysics. The second workshop on Multiwavelength Approach to Unidentified Gamma-ray Sources intends to shed new and fresh light on the problem of the nature of the unidentified gamma-ray sources.

The proceedings contain 46 contributed papers in this subject, which cover theoretical models on gamma-ray sources as well as the best multiwavelength strategies for the identification of the promising candidates. The topics of this conference also include energetic phenomena occurring both in galactic and extragalactic scenarios, phenomena that might lead to the appearance of what we have called high-energy unidentified sources.

The book will be of interest for all active researchers in the high-energy astrophysics and related research areas as well as for scientists and graduate students interested in understanding the recent progress in high-energy astrophysics.

This book covers the entire field of tunable lasers, with the exception of dye lasers. Following an introductory chapter on common general principles, the remaining chapters - all written by leading experts in the field - each treat a particular class of tunable laser or process. In each case, a theoretical treatment is combined with a detailed practical description of the lasers and their operation. The book is written so as to be readily accessible to researchers and students alike. It is especially intended to enable the non-expert to choose the most appropriate tunable laser for a specific application. In this second edition an added chapter with extensive references to recent literature reviews the advances that haveoccured since the publication of the original edition.

"Competition and the State" analyzes the role of the state across a number of dimensions as it relates to competition law and policy across a number of dimensions. This book re-conceptualizes the interaction between competition law and government activities in light of the profound transformation of the conception of state action in recent years by looking to the challenges of privatization, new public management, and public-private partnerships. It then asks whether there is a substantive legal framework that might be put in place to address competition issues as they relate to the role of the state. Various chapters also provide case studies of national experiences. The volume also examines one of the most highly controversial policy issues within the competition and regulatory sphere--the role of competition law and policy in the financial sector.
This book, the third in the "Global Competition Law and Economics" series, provides a number of viewpoints of what competition law and policy mean both in theory and practice in a development context.

This is the first academic monograph on the new competition law in Hong Kong. It provides an overview of the historical background of the Competition Ordinance, highlighting the debate and the process that led to the adoption of the Ordinance. It offers detailed comparative and theoretical analysis of the key provisions of the Ordinance, focusing on the First Conduct Rule, the Second Conduct Rule, the exclusions and exemptions, and the procedural provisions. It draws on overseas legislation and jurisprudence that inspired the provisions in the Ordinance and incorporates a detailed examination of the latest cases decided by the Competition Tribunal. It engages in relevant academic debates and theoretical analysis of how competition law in Hong Kong should develop in light of its unique economic and political contexts. It concludes by setting forth of a set of recommendations for further reform.

This book proposes an approach to the patent-competition interface for developing countries. It puts forward a theoretical framework after canvassing relevant policy considerations and examines the many reasons why patent protection is not essential for generating innovation incentives in developing countries. These include the tendency of the patent system to overcompensate innovators, the availability of other appropriation mechanisms for innovators to monetize their innovations, and the lack of appropriate technological capacity in many developing countries to take advantage of the incentives generated by the patent system. It also argues that developing countries with a small population need not pay heed to the impact of their patent system on the incentives of foreign innovators. It then proposes a classification of developing countries into production countries, technology adaptation countries, and proto-innovation countries and argues that dynamic efficiency considerations take on different meanings for developing countries depending on their technological capacities. For the vast majority of developing countries bereft of meaningful innovation capacity, foreign technology transfer is the main vehicle for technological progress. The chief dynamic policy consideration for these countries is hence incentives for technology transfer instead of innovation incentives. There are three main means of voluntary technology transfer: importation of technological goods, foreign direct investment, and technology licensing. Competition law regulation of patent exploitation practices interacts with these three means of technology transfer in different ways and an appropriate approach to the patent-competition interface for these countries needs to take these into account. Distilling all these considerations, the book proposes a development stage-specific approach to the patent-competition interface for developing countries. The approach is then applied to a number of patent exploitation practices, including unilateral refusal to deal, patent tying, excessive pricing for pharmaceuticals, reverse payment settlements, and restrictive licensing practices.