Skip to main content

Government officials will never ask you to transfer money or disclose bank log-in details over a phone call.

Call the 24/7 ScamShield Helpline at 1799 if you are unsure if something is a scam.

Competition and Consumer Commission of Singapore
  1. Home
  2. Case Register
  3. Public Register
  4. Commitments and Remedies
  5. Proposed Acquisition by Times Publishing Limited of Penguin Random House Pte. Ltd. and Penguin Books Malaysia Sdn. Bhd.
Commitments and Remedies

Proposed Acquisition by Times Publishing Limited of Penguin Random House Pte. Ltd. and Penguin Books Malaysia Sdn. Bhd.

2 October 2017

This article has been migrated from an earlier version of the site and may display formatting inconsistencies.


Competition Law Case

Proposed Acquisition by Times Publishing Limited of Penguin Random House Pte. Ltd. and Penguin Books Malaysia Sdn. Bhd.

Parties Involved

  • Times Publishing Limited

  • Penguin Group Companies

Focus of Commitments/ Remedies

To address concerns arising from the merger that the merged entity may foreclose competition at the retail level by discriminating or restricting supply to third party retailers.

* Please direct any complaint in relation to non-compliance of the commitments to the appointed Monitoring Trustee, Evelyn Partners LLP (formerly known as Smith & Williamson LLP), via nasoul.gopal@evelyn.com and michel.alexander@evelyn.com

Start Date of Commitments/ Remedies

2 October 2017

End Date of Commitments/ Remedies

The commitments will apply during the term of the exclusive distribution agreement by the Penguin Group Companies with the four Penguin publishers up to a period of 12 years from 2 October 2017.

Back to top