Government And The Concept Of Government-Business Collusion By Poon
594 Words3 Pages
2.2 - Government-Business Collusion
Apart from the concept of “Property Hegemony”, the idea of “Government-Business Collusion”, which is also mentioned by Poon in the book, would still be valuable to be discussed. By referring to chapter one, the author claims that the Hong Kong Government is assisting the big property developers for their domination, which refers to the concept of “Government-Business Collusion”. It is found that the government not only refuses to be a mediator to counterpoise the welfare between real estate sector and the disadvantaged in the society, it even impels the real estate sector to further intrude in every industry in Hong Kong. Furthermore, the government has repeatedly declined the execution of Antitrust Law, which aims to maintain a fair market competition by supervising monopolization conducted by developers. As a result, the relationship between the government and the businessmen became intimate. This may preaches up the property developers to be more formidable and enlarge their scale of domination in the market.
In the meantime, Wu (1997) also de...