PROPOSED AMENDMENTS TO THE COMPETITION REGIME OF SINGAPORE

Introduction

The Competition Commission of Singapore (“CCS”) has reviewed the CCS Guidelines. Certain amendments have been proposed to the CCS Guidelines and CCS now seeks comments and views of the proposed amendments. This document includes an overview of the proposed amendments and questions for interested parties to reflect and respond to. The draft guidelines containing the proposed amendments can be accessed through the links in Annexes below.

Responding to this consultation

CCS welcomes responses to this consultation draft from all sources, including law firms, the business community, government departments as well as members of the public. Where appropriate, persons responding to the consultation should give an indication of the organisation(s) or interests they represent.

The consultation period begins on 25 September 2015 and ends on 6 November 2015.

You may wish to submit your response via our Public Consultation Online Form.

Alternatively, you may also write or email your response to:

(i)     Post/Courier:

Competition Commission of Singapore

45 Maxwell Road

#09-01, The URA Centre

Singapore 069118

Attention: Mr. Lee Jwee Nguan, Director (Legal & Enforcement)

(ii)    Email: ccs_feedback@ccs.gov.sg

It would be useful if persons that submit responses could organise their submissions as follows:

(i)        Cover page

(ii)        Table of contents

(iii)      Statement of interest

(iv)      Summary of major points

(v)        Comments and responses to questions

(vi)       Conclusion

Supporting material may be annexed. All submissions should be clearly and concisely written and should provide a reasoned explanation for any proposed revisions. Where feasible, respondents should identify the specific paragraph of the proposed fast track procedure on which they are commenting.

In the interest of transparency, CCS proposes to publish a summary of the key comments to this consultation. Respondents may request that any part of the submission that they believe to be proprietary, confidential or commercially sensitive be kept confidential. Any such information should be clearly marked. Where CCS agrees with the request, it will consider the information but will not publicly disclose it. If CCS rejects the request, it will not consider the information and will return the information to the submitting party.

Next steps

Following this consultation, CCS will review the responses provided and take them into account in considering the amendments to be made to the guidelines.

Annexes

Annex A:
Review of the CCS Guidelines on the Substantive Assessment of Mergers

Annex B:
Fast Track Procedure for Section 34 and Section 47 Cases

Annex C:
Review of the CCS Guidelines on Lenient Treatment for Undertakings Coming Forward with Information on Cartel Activity

Annex D:
Review of the CCS Guidelines on the Section 34 Prohibition

Annex E:
Review of the CCS Guidelines on the Section 47 Prohibition

Annex F:
Review of the CCS Guidelines on Filing Notifications for guidance or Decision with respect to the Section 34 Prohibition and Section 47 Prohibition

Annex G:
Review of the CCS Guidelines on the Appropriate Amount of Penalty; the CCS Guidelines on the Powers of Investigation; and the CCS Guidelines on Enforcement

Annex H:
Review of the CCS Guidelines on the Major Prohibitions