This section carries comprehensive information on the key legislation relating to Singapore's competition law regime.

This foundation of Singapore's competition law regime is the Competition Act ("the Act"). The Act outlines three Key Prohibitions. Regulations and Orders have been issued to provide direction in the enforcement of the Act. The Competition Commission of Singapore ("CCS"), as Singapore's competition authority, has also published a set of CCS Guidelines to offer greater transparency and clarity on how the Act is administered and enforced.

• Competition Act
  The Competition Act provides a generic law to protect consumers and businesses from anti-competitive practices of privates entities.

• Key Prohibitions
  The activities prohibited under the Act are (1) anti-competitive agreements, decisions and practices ("the Section 34 prohibition"), (2) abuse of dominance ("the Section 47 prohibition"), and (3) mergers and acquisitions that substantially lessen competition ("the Section 54 prohibition").
  

• Regulations and Orders
  There are six regulations and two orders in force currently, issued pursuant to the powers conferred under the Competition Act.
  

• CCS Guidelines
  Published to provide greater transparency and clarity to parties on the competition law regime, the CCS Guidelines outline how CCS will interpret and give effect to the Act, including how it will apply and enforce the prohibitions under the Act. These Guidelines were finalised after seeking input and feedback from the public.
  

• Block Exemption Order
  A particular category of agreements may be exempted from the prohibition on anti-competitive agreements by order of the Minister for Trade and Industry at CCS’ recommendation. There is one such Block Exemption Order approved to date, namely the Block Exemption for Liner Shipping Agreements.

• Financial Penalty Framework
  CCS has discretion to impose financial penalties for any infringement of the Act and financial penalties are imposed on infringing parties to reflect the seriousness of the infringement and to act as a deterrence against similar conduct.