singapore - Competition Law & Anti-Trust - News

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

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

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

CCS consults on the Proposed Merger of Essilor International (Compagnie Generale d’Optique) SA and Luxottica Group SpA

The Competition Commission of Singapore (“CCS”) is conducting a public consultation from 19 September 2017 to 4 October 2017 to invite interested parties to provide feedback on the proposed merger of Essilor International (Compagnie Generale d’Optique) S.A. (“Essilor”) and Luxottica Group S.p.A. (“Luxottica&rdquo ...
Date: 19 September 2017; Type: Legal News; Source: Competition and Consumer Commission of Singapore

Proposed Poultry Slaughtering Hub: CCS consults on Proposed Commitments provided by Joint Venture Parties to address Competition Concerns

The Competition Commission of Singapore (“CCS”) is conducting a public consultation from 28 March 2018 to 3 April 2018 and invites interested parties to provide feedback on the commitments proposed by Mr. Tan Chin Long (“TCL”), Kee Song Holdings Pte. Ltd. (“KSH”), Sinmah Holdings (S) Pte. Ltd, Tong Huat Poultry P ...
Date: 28 March 2018; Type: Legal News; Source: Competition and Consumer Commission of Singapore

CCS consults on the proposed Acquisition by Jacobs Douwe Egberts Holdings Asia NL B V of Shares of OldTown Berhad

The Competition Commission of Singapore (“CCS”) is conducting a public consultation from 21 December 2017 to 5 January 2018 to invite feedback on the proposed acquisition by Jacobs Douwe Egberts Holdings Asia NL B.V. (“JDE Asia”) of the entire issued and outstanding share capital of OldTown Berhad (“OT”) (the &ld ...
Date: 21 December 2017; Type: Legal News; Source: Competition and Consumer Commission of Singapore

CCS consults on Proposed Changes to the Competition Act

The Competition Commission of Singapore (“CCS”) is seeking feedback on proposed changes to the Competition Act (Cap. 50B) (“the Act”). The Act strives to level the playing field amongst businesses, promote innovation and productivity, which in turn benefits the Singapore economy, businesses and consumers. The proposed change ...
Date: 21 December 2017; Type: Legal News; Source: Competition and Consumer Commission of Singapore

Major Car Dealers amend Warranty Terms that restrict Competition for Car Servicing and Repairs

The Competition Commission of Singapore (“CCS”) has concluded its inquiry into the supply of car parts in Singapore. The inquiry aimed to better understand how the car parts market in Singapore works and the effects of market features on competition.[1]
Date: 11 December 2017; Type: Legal News; Source: Competition and Consumer Commission of Singapore

CCS issues Infringement Decision for Bid-Rigging in Electrical Services and Asset Tagging Tenders

Date: 28 November 2017; Type: Legal News; Source: Competition and Consumer Commission of Singapore

CCS initiates In Depth Review of proposed Merger between Maritime Products Suppliers

CCS received a notification for decision on 10 August 2017 on whether 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”)[1] (the “Proposed Transacti ...
Date: 14 November 2017; Type: Legal News; Source: Competition and Consumer Commission of Singapore

Competition Appeal Board upholds Financial Penalty imposed by CCS and dismisses Appeal by Financial Adviser

The Competition Appeal Board (“CAB”) has dismissed the appeal of IPP Financial Advisers Pte. Ltd. (“IPP”) and ordered IPP to pay the financial penalty of $239,851 [1] imposed by the Competition Commission of Singapore (“CCS”) together with interest and costs of the appeal.
Date: 02 August 2017; Type: Legal News; Source: Competition and Consumer Commission of Singapore

Times Publishing/ Penguin Group Proposed Merger: CCS consults on Commitments provided by Parties to address Competition Concerns

The Competition Commission of Singapore (“CCS”) is inviting interested parties to provide feedback on the proposed commitments by Times Publishing Limited (“TPL”) (“Proposed Commitments”) to address competition concerns raised by CCS in relation to TPL’s proposed acquisition of Penguin Random House Pte. Ltd ...
Date: 26 August 2017; Type: Legal News; Source: Competition and Consumer Commission of Singapore

CCS and Japan Fair Trade Commission sign First Framework Agreement for Cross-Border Enforcement Cooperation of Competition Laws

1. Chief Executive of the Competition Commission of Singapore (CCS), Mr. Toh Han Li, and Chairman of the Japan Fair Trade Commission (JFTC) [1] , Mr. Kazuyuki Sugimoto concluded the Memorandum of Cooperation (MoC) today in Tokyo, Japan to increase cross-border enforcement cooperation between CCS and JFTC of their competition laws.
Date: 22 June 2017; Type: Legal News; Source: Competition and Consumer Commission of Singapore

CCS issues Proposed Infringement Decision against 5 Capacitor Manufacturers for Price Fixing and exchanging Confidential Business Information

The Competition Commission of Singapore (CCS) has today issued a Proposed Infringement Decision (PID) against five capacitor manufacturers (Parties).
Date: 06 April 2017; Type: Legal News; Source: Competition and Consumer Commission of Singapore

INDUSTRY UPDATES

Appeal Court hears Case of Couple sentenced to 10 Years Imprisonment

The Appeal Court heard on Monday, the case of a couple sentenced to 10 years imprisonment for the murder of a woman in June 2016.

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Union leaders Set to Appeal

All six union leaders convicted for their roles in the 2013 Veng Sreng Boulevard protests plan to bring their case to the Appeal Court, spurred on by Prime Minister Hun Sen’s assertion that three of the six men were not involved in the violent protests.

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DSI holds Cyber Crime Seminar, proposes Cyber Security Bill

BANGKOK, Dec 18 (NNT) - Thailand's Department of Special Investigation (DSI) has organized a seminar on cyber security, while proposing a national cyber security bill.

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Min of Labor's five NY Gifts

BANGKOK, Dec 17 (NNT) - The Ministry of Labor has introduced five measures in support of employers and employees alike, calling them New Year’s gifts to the people.

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SC to decide on Bangsamoro Law's Constitutionality

MANILA, Dec 18 (PNA) - Malacañang said Tuesday it will let the Supreme Court (SC) decide on the constitutionality of the Bangsamoro Organic Law (BOL) after a group of framers of the 1987 Constitution asked the high court to declare it unconstitutional and void.

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Organizations appeal against Withdrawal of Trade Favour by the EU

In a joint statement released yesterday, businesses and trade unions appealed against the withdrawal of the European Union’s Generalised Scheme of Preferences (GSP) currently enjoyed by Myanmar.

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Laos, Luxembourg review Rule of Law and Legal Education Programmes

Government officials met with representatives of the Luxembourg government in Vientiane yesterday to review the progress of the LAO-031-Legal Teaching and Training and Promotion of the Rule of Law Concept project and make plans for the year ahead.

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Najib's Legal Team' fail to get Letter of Appointment of Lead Prosecutor

KUALA LUMPUR, Dec 18 (Bernama) - The defence team in former prime minister Datuk Seri Najib Tun Razak’s SRC International Sdn Bhd case has failed to get the letter of authorisation (fiat) on the appointment of lead prosecutor Datuk Sulaiman Abdullah after the High Court here today ruled that there was no legal requirement for the prosecution to do so.

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SMEs are ‘Engine of Economy’

The Ministry of Commerce declared on Saturday that it will solve market issues hindering the development of Cambodia’s Small- and Medium-sized Enterprises (SME). But the announcement was met with scepticism by business owners in the Kingdom.

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Land Bank, TFBL ink Deal on Loan Program for Rebel Surrenderers

MANILA, Dec 17 (PNA) - In line with the ongoing efforts to reintegrate former rebels (FRs) and their families to mainstream society, Task Force Balik-Loob (TFBL) and Land Bank of the Philippines (LBP) signed a Memorandum of Agreement (MOA) last Dec. 13 for the facilitation of loans to the former as part of the government's Enhanced Comprehensive Local Integration Program (E-CLIP).

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Prosecution to apply to Transfer Case of Businessman who offered Bribe to Tengku Adnan to High Court

KUALA LUMPUR, Dec 17 (Bernama) - The prosecution in the case of a businessman charged with giving bribe of RM1 million to former Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor will file an application to transfer the case, which is at the Sessions Court, to the High Court here.

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Seminar talks Human Rights Promotion

Hanoi, Dec 14 (VNA) - The Universal Declaration of Human Rights, a milestone document in the history of human rights adopted by the United Nations General Assembly in 1948, remains relevant today, heard a seminar in Hanoi on December 14.

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International Judicial Cooperation in Criminal Asset Recovery discussed

Hanoi, Dec 13 (VNA) - International judicial cooperation in criminal asset recovery was the main topic of a workshop held in Hanoi on December 13.

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Supreme Courts of Vietnam, Laos, Cambodia bolster Cooperation

The supreme courts of Vietnam, Laos and Cambodia have agreed to strengthen bonds in the combat against criminals and the settlement of trans-border civil cases.

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Indonesia, Vietnam commemorate 63 Year of Bilateral Relations

Jakarta, Dec 16 (ANTARA News) - Indonesia and Vietnam are commemorating 63 years of bilateral relations through fashion diplomacy at the 2018 International Fashion Fair in Vietnam, as stated in a statement from the Indonesian Embassy in Hanoi received by ANTARA here Sunday.

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Complaint against New Chief Justice to be reviewed

The Yangon regional parliament will review a complaint against new Yangon Chief Justice U Hla Aye, whose nomination was confirmed on Wednesday, a regional lawmaker said.

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Police Officer in Court to answer Charges on Unnatural Sex

KANGAR, Dec 13 (Bernama) - A senior police officer with the rank of Superintendent today was charged in the Sessions Court here for two counts of molestation and two charges of unnatural sex against two women, last year.

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Pushing SMEs, enhancing Bank's Role, Main Goal of New SME Bank CEO

KUALA LUMPUR, Dec 16 (Bernama) - Pushing small and medium enterprises (SMEs) to strive further and to enhance SME Bank Malaysia Bhd ’s role in providing financial assistance to targeted SMEs is the main goal of its newly-appointed Chief Executive Officer Aria Putera Ismail.

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