Proposed Amendments to the Competition Regime of Singapore 2018

Competition Commission of Singapore - International & Strategic Planning Division

Consultation Period: 21 Dec 2017 - 11 Jan 2018

Status: Closed

Detailed Description

Introduction

1. The Competition Commission of Singapore (“CCS”) has reviewed the Competition Act (Cap. 50) (“the Act”). Amendments have been proposed to some of the provisions and CCS now seeks comments and views on the proposed amendments.

2. This document includes an overview of the key proposed amendments and questions for interested parties to reflect and respond to. These are:

(i) Proposed amendments to the Act to empower CCS to accept binding and enforceable commitments for cases involving the section 34 and section 47 prohibitions;

(ii) Proposed amendments to the Act to empower CCS to conduct general interviews during inspections and searches under section 64 and section 65; and

(iii) Proposed amendments to the Act for CCS to provide confidential advice on anticipated mergers as a statutory process.

3. The draft amendments containing the proposed amendments can be accessed through the links in the Annex below.

Responding to this consultation

4. CCS welcomes responses to this consultation draft from all sources, including law firms, the business community, government departments as well as members of the public. Where appropriate, persons responding to the consultation should give an indication of the organisation(s) or interests they represent.

5. The consultation period begins on 21 December 2017 and ends on 11 January 2018.

6. You may wish to submit your response via our Public Consultation Online Form at https://www.cccs.gov.sg/media-and-consultation/public-consultation/public-consultation-online-form

7.  Alternatively, you may also write or email your response to:

(i) Post/Courier:

Competition Commission of Singapore
45 Maxwell Road #09-01,
The URA Centre
Singapore 069118
Attention: Mr. Harikumar Pillay, Director (Enforcement)

(ii) Email: ccs_feedback@ccs.gov.sg

8.  It would be useful if persons that submit responses could organise their submissions as follows:

(i) Cover page;

(ii) Table of contents;

(iii) Statement of interest;

(iv) Summary of major points;

(v) Comments and responses to questions; and

(vi) Conclusion.

9. Supporting material may be annexed. All submissions should be clearly and concisely written and should provide a reasoned explanation for any proposed revisions.

10. In the interest of transparency, CCS proposes to publish a summary of the key comments to this consultation. Respondents may request that any part of the submission that they believe to be proprietary, confidential or commercially sensitive be kept confidential. Any such information should be clearly marked. Where CCS agrees with the request, it will consider the information but will not publicly disclose it.

Next steps

11. Following this consultation, CCS will review the responses provided and take them into account in considering the amendments to be made to the Act.

Annex - Competition Amendment Bill 2018 [PDF, 151 KB]

Annex - Overview of changes and Questions for Reflection and Consultation [PDF, 201 KB]