|The Competition Act was enacted to provide a generic competition law to protect consumers and businesses from anti-competitive practices of private entities.
||The Competition Act has three prohibitions.
||The regulations and orders are made pursuant to the powers conferred under the Competition Act (Chapter 50B).
||Guidelines are intended to help businesses understand how the CCCS will administer and enforce infringements of the prohibitions in the Act. This will improve transparency and provide greater clarity to businesses on the competition law regime. These Guidelines are finalised after seeking inputs and feedback from the public.