CCCS conducts investigations where there may be an infringement of one of the prohibitions of the Competition Act (the "Act"). It may also provide guidance or decisions on whether the prohibitions on anti-competitive agreements, abuse of a dominant position and mergers that substantially lessen competition have been infringed, i.e. sections 34, 47 and 54 of the Act respectively.
CCCS also advocates pro-competition policies within the Government, providing advice to Ministries, Statutory Boards and other public bodies. In addition, as part of its outreach activities and advocacy work, it explains the provisions of the Act to organisations, companies and other interested groups.
CCCS also undertakes market studies into markets of economic and strategic importance to Singapore to better understand the market conduct and competitive dynamics of these sectors.
Ultimately, a competitive marketplace will promote higher levels of price competitiveness, efficiency, innovation and quality of goods and services, and benefit all businesses and consumers alike.