singapore - Competition Law & Anti-Trust

Four Hotels fined $1.5M for colluding by Sharing Discount Info

Four hotels that colluded by sharing with one another the non-public room rates offered to companies have been fined more than $1.5 million in total for infringing the Competition Act.
Date: 31 January 2019; Type: Legal News; Source: Singapore Law Watch

CCCS Clears the Proposed Acquisition by NTUC Enterprise Co-operative Limited of Kopitiam Investment Pte Ltd

This is to notify that the Competition and Consumer Commission of Singapore (CCCS) has cleared the proposed acquisition by NTUC Enterprise Co-operative Limited (NTUC Enterprise) of 100 percent of the equity interests in Kopitiam Investment Pte. Ltd. and its subsidiaries (Kopitiam).
Date: 20 December 2018; Type: Press Release; Source: Competition and Consumer Commission of Singapore

CCCS Clears Proposed Acquisition by Japan Pulp and Paper Company Limited of Spicers Paper (Singapore) Pte Ltd

The Competition and Consumer Commission of Singapore (CCCS) has cleared the proposed acquisition of Spicers Paper (Singapore) Pte Ltd by Japan Pulp and Paper Company Limited (the Proposed Transaction). The CCCS concluded that the Proposed Transaction if carried into effect, will not infringe the Section 54 prohibition of the&nbs ...
Date: 27 November 2018; Type: Press Release; Source: Competition and Consumer Commission of Singapore

CCCS Clears Proposed Acquisition by Nasdaq Technology AB of Cinnober Financial Technology AB Involving Market Technology Products

This is to notify that the Competition and Consumer Commission of Singapore (CCCS) cleared the proposed acquisition of Cinnober Financial Technology AB by Nasdaq Technology AB (the Proposed Transaction). The CCCS after reviewing concluded that the Proposed Transaction, if carried into effect, will not infringe the Section 54 prohibition o ...
Date: 27 November 2018; Type: Press Release; Source: Competition and Consumer Commission of Singapore

CCCS raises Competition Concerns on Private Clinical Laboratories Merger

The Competition and Consumer Commission of Singapore (“CCCS”) has completed its Phase 1 review of the acquisition of Innovative Diagnostics Private Limited (“Innovative”) and Quest Laboratories Pte Ltd (“Quest”) by Pathology Asia Holdings Pte. Ltd. (“PAH”), through its subsidiaries (collectively, the ...
Date: 29 October 2018; Type: Legal News; Source: Competition and Consumer Commission of Singapore

CCCS clears Merger of the Rail Mobility Business of Siemens AG with Alstom SA

The Competition & Consumer Commission of Singapore (CCCS) had sought feedback from interested parties regarding the impact of the merger of the mobility business of Siemens AG with Alstom S.A and if it would infringe section 54 of the Act against Anti-Competitive Mergers. The CCCS concluded that the Proposed Transaction if carried into effect, ...
Date: 24 October 2018; Type: Press Release; Source: Competition and Consumer Commission of Singapore

CCCS Consults on the Proposed Acquisition by NTUC Enterprise Co-Operative Limited of Kopitiam Investment Pte Ltd

The Competition and Consumer Commission of Singapore seeks feedback on the proposed acquisition by NTUC Enterprise Co-operative Limited of 100 per cent of the equity interests in Kopitiam Investment Pte Ltd and its subsidiaries from 1 October 2018 to 12 October 2018.
Date: 28 September 2018; Type: Press Release; Source: Competition and Consumer Commission of Singapore

CCCS Consults on the Proposed Acquisition by Nasdaq Technology AB of Cinnober Financial Technology AB

The Competition and Consumer Commission of Singapore (CCCS) seeks feedback on the proposed acquisition by Nasdaq Technology AB of Cinnober Financial Technology AB (CINN). Nasdaq Technology declares a public cash offer to acquire up to 100% of the outstanding shares and warrants in CINN. The consultation period is from 17 October to 30 Oct ...
Date: 17 October 2018; Type: Press Release; Source: Competition and Consumer Commission of Singapore

CCCS Consults on the Proposed Merger of Paper Distributors Japan Pulp & Paper and Spicers Singapore

The Competition and Consumer Commission of Singapore (CCCS) seeks feedback on the proposed acquisition by Japan Pulp and Paper Company Limited of 100 per cent of the issued shares in Spicers Paper (Singapore) Pte Ltd from Spicers Holdings (Asia) Pte. Ltd. from 17 October 2018 to 30 October 2018.
Date: 17 October 2018; Type: Press Release; Source: Competition and Consumer Commission of Singapore

Singapore fines Grab and Uber S$13 Million for Merger that harms Competition

SINGAPORE, Sept 24 (Bernama) - The Competition and Consumer Commission of Singapore (CCCS) has imposed financial penalties of S$6,419,647 (S$1=RM2.99) on Grab and S$6,582,055 on Uber, respectively, to deter completed, irreversible mergers that harm competition.
Date: 24 September 2018; Type: Legal News; Source: Bernama

CCCS ends Assessment of Maritime Products Merger after Parties abandon Merger

The Competition and Consumer Commission of Singapore (“CCCS”) has ended its assessment of the proposed acquisition by Wilhelmsen Maritime Services AS (“WMS”) of sole control over Drew Marine’s technical solutions, fire, safety and rescue businesses (“Drew Marine Technical Solutions” or “DMTS”) ( ...
Date: 30 July 2018; Type: Legal News; Source: Competition and Consumer Commission of Singapore

CCCS consults on the proposed Combination of the Mobility Business of Siemens AG with Alstom S A

The Competition & Consumer Commission of Singapore (“CCCS”) is conducting a public consultation from 19 July 2018 to 2 August 2018 to invite feedback on the proposed merger of Siemens Mobility Business (“SMB”) and Alstom S.A. (“Alstom”) (the “Proposed Transaction”).
Date: 19 July 2018; Type: Industry Updates; Source: Competition and Consumer Commission of Singapore

Grab/Uber merger: CCCS Provisionally finds that the Merger has substantially lessened Competition

The Competition and Consumer Commission of Singapore (“CCCS”) has issued a Proposed Infringement Decision (“PID”) against Grab and Uber (each a “Party”, and collectively the “Parties”) in relation to the sale of Uber’s Southeast Asian business to Grab in consideration of Uber holding a 27.5% sta ...
Date: 05 July 2018; Type: Legal News; Source: Competition and Consumer Commission of Singapore

CCCS Provisionally finds that proposed Merger is likely to substantially Reduce Competition between Maritime Products Suppliers

The Competition and Consumer Commission of Singapore (“CCCS”) has issued a Statement of Decision (Provisional) (“SDP”) to Wilhelmsen Maritime Services AS (“WMS”) and Drew Marine’s technical solutions, fire, safety and rescue businesses (“Drew Marine Technical Solutions” or “DMTS”). C ...
Date: 25 May 2018; Type: Industry Updates; Source: Competition and Consumer Commission of Singapore

Competition (Amendment) Act 2018

This Act seeks to amend the Competition Act.
Date: 11 May 2018; Type: Federal Amendment Act; Citation: No. 25; Source: Singapore Statutes Online

Competition (Amendment) Act 2018 (Commencement) Notification 2018

This Notification notifies that Competition (Amendment) Act 2018 comes into operation on 16 May 2018.
Date: 11 May 2018; Type: Federal Subsidiary Legislation; Citation: No. S 291; Source: Singapore Statutes Online

CCCS clears Proposed Acquisition by BRC Asia Limited of Lee Metal Group Limited

The Competition and Consumer Commission of Singapore (“CCCS”) has issued a clearance decision on the proposed acquisition of Lee Metal Group Limited (“Lee Metal”) by BRC Asia Limited (“BRC”) (the “Proposed Transaction”). Following a review of the Proposed Transaction, CCCS concluded that the Proposed ...
Date: 27 April 2018; Type: Legal News; Source: Competition and Consumer Commission of Singapore

CCCS clears Proposed Merger between Essilor and Luxottica

The Competition and Consumer Commission of Singapore (“CCCS”) has issued a clearance decision on the proposed merger between Essilor International (Compagnie Generale d’Optique) S.A (“Essilor”) and Luxottica Group, S.p.A. (“Luxottica”) (collectively “Parties”). CCCS has concluded that the merger ...
Date: 20 April 2018; Type: Legal News; Source: Competition and Consumer Commission of Singapore

LTA backs the Interim Directions issued by CCCS to Grab and Uber

The Land Transport Authority (LTA) has backed the Interim Directions issued by Competition & Consumer Commission of Singapore (CCCS) to Grab and Uber. LTA noted that the measures pertaining to the removal of exclusivity obligations and impediments to market contestability would further promote market competition in the point-to-point (P2P) ...
Date: 13 April 2018; Type: Industry Updates; Source: Land Transport Authority

Competition (Amendment) Regulations 2018

These Regulations come into operation on 1 April 2018.
Date: 29 March 2018; Type: Federal Subsidiary Legislation; Citation: No. S 180; Source: Singapore Statutes Online

INDUSTRY UPDATES

Justice Ministry: US Claims ‘baseless’

The Ministry of Justice on Tuesday reacted to recent “baseless” claims by the US Embassy in Phnom Penh regarding the case of former opposition leader Kem Sokha, urging the embassy to stop spreading misinformation regarding the implementation of the law in Cambodia.

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Court adjourns Tony Pua's Appeal against Interim Injunction over RUU355 Video Clip

PUTRAJAYA, Feb 20 (Bernama) - The Federal Court today adjourned the appeal hearing by Damansara Member of Parliament Tony Pua Kiam Wee against an interim injunction order over his alleged video clip relating to the tabling of Syariah Courts (Criminal Jurisdiction) (Amendment) Bill 2016 or RUU355.

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DOJ urged to Act on Murder Raps vs PNP Men in Lawyer's Death

MANILA, Feb 19 (PNA) - A former Cebu City councilor asked the Department of Justice (DOJ) Monday to charge policemen implicated in the killing of his brother, lawyer Noel Archival, five years ago.

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Laos, Japan celebrate 20 Years of Legal, Judicial Cooperation

The Lao and Japanese governments have highlighted 20 years of achievement in cooperation to strengthen the legal and judicial sectors in Laos, especially with regard to human resource development.

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Sarawak Lawyers wants Government to set up RCI over Judge Allegations

MIRI, Feb 19 (Bernama) - The Advocates Association of Sarawak (AAS) has proposed to the government to set up a Royal Commission of Inquiry (RCI) over the allegation of judicial interference in the affidavit made by a sitting Court of Appeal judge Datuk Dr Hamid Sultan Abu Backer recently.

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MACC meets Judge Hamid Sultan over 63-Page Affidavit

PUTRAJAYA, Feb 18 (Bernama) - The Malaysian Anti-Corruption Commission (MACC) today met with Court of Appeal judge Datuk Dr Hamid Sultan Abu Baker over his recent 63-page affidavit, filed last week, on allegations of judicial interference.

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CBM headed in Right Direction, Bank Development expected: Experts

The Central Bank of Myanmar (CBM) has begun taking the initial steps to stand as an independent body, local financial experts and economists say.

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INDUSTRY UPDATES

Retired SC Justice Azcuna 'Selfless Government Worker': Palace

MANILA, Feb 15 (PNA) - Malacañang wished retired Supreme Court (SC) Associate Justice Adolfo Azcuna the best as he celebrates his 80th birthday on Saturday.

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INDUSTRY UPDATES

Rule of Law followed in Ressa Arrest

MANILA, Feb 15 (PNA) - Malacañang on Friday said the rule of law was followed in the arrest of Rappler chief executive officer Maria Ressa for cyberlibel amid criticisms of suppressing press freedom.

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Rebuilding ASEAN’s Financial Safety Net

Singapore and Indonesia signed a US$10 billion (K15.23 trillion) bilateral swap agreement last October, allowing the two countries to assist each other during times of financial stress through US dollar loans. The move signalled a willingness by ASEAN countries to play a bigger and more direct role in strengthening the region’s financial stability, but there is still much more to do.

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Judiciary lodges Police Report over Allegations in Affidavit

PUTRAJAYA, Feb 15 (Bernama) - The Judiciary has lodged a police report over allegations made against unnamed judges and the institution in the affidavit made by a sitting Court of Appeal judge Datuk Dr Hamid Sultan Abu Backer.

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Blind Woman's Persistence to become Lawyer bears Fruit

KUALA LUMPUR, Feb 15 (Bernama) - ‘Where there’s a will, there’s a way’, this proverb illustrates the determination and diligence of a visually impaired young woman who has achieved her dream of becoming a lawyer.

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Lawyer urges Government and CJ to address Justice Hamid's Revelations

KUALA LUMPUR, Feb 15 (Bernama) - Lawyer Sangeet Kaur Deo has called on the government and Chief Justice to immediately look into the claims by Court of Appeal judge Datuk Dr Hamid Sultan Abu Backer, contained in his affidavit which revealed misconduct of top judges and judicial interference.

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Decision on Minimum Wage Increases due in March

BANGKOK, Feb 13 (NNT) - The final decision on Minimum Wage increases will be made in March, with new rates to vary in accordance with economic conditions in each province.

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INDUSTRY UPDATES

No Violation of Ressa's Civil Rights: DOJ

MANILA, Feb 14 (PNA) - Justice Secretary Menardo Guevarra on Thursday assured full protection of the civil rights of online news website Rappler's publisher Maria Ressa, who was arrested on Wednesday in connection with a cyber libel complaint filed against her and the media firm by a private individual.

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INDUSTRY UPDATES

DOTr inks Deal on Common Station Construction

MANILA, Feb 13 (PNA) - The Department of Transportation (DOTr) on Wednesday signed a contract with a private consortium for the construction of Area A of the Unified Grand Central Station (UGCS) or the common station which is located between SM North Edsa and Trinoma in Quezon City.

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INDUSTRY UPDATES

Men too face Sexual Harassment at Workplace

SUNGAI PETANI, Feb 14 (Bernama) - Men too have been recorded as being victims of sexual harassment at the workplace, said Women, Family and Community Development Deputy Minister, Hannah Yeoh.

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INDUSTRY UPDATES

LHDN launches eProcurement System, Suppliers' Portal

CYBERJAYA, Feb 13 (Bernama) - The Inland Revenue Board (LHDN) has launched the eProcurement (eP) system and the Suppliers’ portal as a continuous effort to improve service delivery to suppliers or tenderers dealing with the agency.

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