Trends in Cartel Enforcement in Singapore

Enforcement against cartels has been relatively quiet as of late, with the number of leniency applications and cartel decisions worldwide having declined in 2020 as compared to 2015. However, with the world gradually adapting to the ‘new normal’ and the removal of pandemic-era restrictions, competition authorities worldwide, including the Competition and Consumer Commission of Singapore (“CCCS“), are looking at cartel enforcement with a renewed interest.

It is therefore critical for businesses in Singapore to be alert to possible infringements under Singapore’s competition laws and review their business practices accordingly. This is particularly since the trend in CCCS’s cartel enforcement prior to the pandemic demonstrate its increasingly strict stance and stiff penalties for infringing businesses.

This Update highlights the trends in CCCS’s cartel enforcement with reference to case statistics, and provides practical pointers for businesses to consider.

For more information, click here to read the full Legal Update.

CONTACTS

Head, Competition & Antitrust and Trade
+65 6232 0111
Singapore,
Chief Economic and Policy Advisor
Partner
+65 6232 0298
Singapore,
Partner
+65 6232 0104
Singapore,

Country

EXPERTISE

SECTORS

Share

Rajah & Tann Asia is a network of legal practices based in Asia.

Member firms are independently constituted and regulated in accordance with relevant local legal requirements. Services provided by a member firm are governed by the terms of engagement between the member firm and the client.

This website is solely intended to provide general information and does not provide any advice or create any relationship, whether legally binding or otherwise. Rajah & Tann Asia and its member firms do not accept, and fully disclaim, responsibility for any loss or damage which may result from accessing or relying on this website.

© 2024 Rajah & Tann Asia. All Rights Reserved. All trademarks are property of their respective owners.