Enlightened competition legislation gives businesses a fair and level playing field.

Enlightened competition legislation gives businesses a fair and level playing field.

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Legislation at a Glance

The Competition Act The Key Prohibitions Regulations and Orders CCS Guidelines
The Competition Act is 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 CCS 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.
Access the Competition Act(Chapter 50B) via the Singapore Statutes Online. The three  prohibitions are:

1. anti-competitive agreements, decisions and practices ("the section 34 prohibition");

2. abuse of a dominant position ("the section 47 prohibition"); and

3. mergers and acquisitions that substantially lessen competition ("the section 54 prohibition"). 

 The Regulations currently in force are: 

  1. Competition Regulations
  2. Competition (Notification) Regulations
  3. Competition (Transitional Provisions for Section 34 Prohibition) Regulations
  4. Competition (Fees) Regulations
  5. Competition (Composition of Offences) Regulations
  6. Competition (Appeals) Regulations
  7. Competition (Financial Penalties) Order [Competition (Financial Penalties) (Amendment) Order 2010]
 The 13 Guidelines published are: 

  1. CCS Guidelines on the Major Provisions
  2. CCS Guidelines on the Section 34 Prohibition
  3. CCS Guidelines on the Section 47 Prohibition
  4. CCS Guidelines on the Substantive Assessment of Mergers
  5. CCS Guidelines on Merger Procedures
  6. CCS Guidelines on Market Definition
  7. CCS Guidelines on the Powers of Investigation
  8. CCS Guidelines on Enforcement
  9. CCS Guidelines on Lenient Treatment for Undertakings Coming Forward with Information on Cartel Activity Cases 2009
  10. CCS Guidelines on Filing Notifications for Guidance or Decision with respect to the Section 34 Prohibition and Section 47 Prohibition
  11. CCS Guidelines on the Appropriate Amount of Penalty
  12. CCS Guidelines on the Treatment of Intellectual Property Rights
  13. CCS Guidelines on Competition Impact Assessment for Government Agencies

Last Updated on 22 Feb 2012