Competition Commission Publishes Revised Competition Guidelines

(View Media Release in PDF)

Outreach Programme Continues with the Competition Law Conference 2005

1. To give greater clarity to businesses, the Competition Commission of Singapore (CCS) has today published the finalised Competition Act guidelines pertaining to the section 34 prohibition, the section 47 prohibition and market definition. This follows a six-week consultation period where a total of 23 submissions were received. Many of the contributions were generally in support of the draft guidelines. 

2. In the revised guidelines, the CCS has provided further clarifications and where possible included examples and illustrations to make the guidelines more user-friendly. Terms such as "abuse" and "single economic unit" were further elaborated taking into account the comments the CCS received. To address the questions raised by trade associations and professional bodies, CCS has incorporated a list of activities that are likely as well as unlikely to have an appreciable adverse impact on competition. 

3. The constructive suggestions on points of detail from industry were carefully considered and the CCS made appropriate changes to specific sections. The CCS thanks the respondents for their contributions and comments. 

4. The revisions to the guidelines are outlined in Appendix 1 and the finalised guidelines are found in Appendices 2, 3, and 4. The guidelines will be available from the CCS website here. 

Inaugural Competition Law Conference 

5. As part of its ongoing outreach programme, the CCS is organising the inaugural Competition Law Conference 2005 on 2 August with the theme "Introducing Competition Law: Perspectives and Implementation". The Minister for Trade and Industry, Mr Lim Hng Kiang, will be the guest-of-honour at the conference where he will officially launch CCS. He will speak on the strategies and priorities of the CCS in his keynote address. 

6. The conference will bring to Singapore, practitioners from other competition authorities and consultants to share their experience and exchange ideas. The Competition Law Conference 2005 is co-organised with the Singapore Academy of Law and in association with the Singapore Business Federation.