Singapore's Competition Enforcement Grew in 2019
As regulators across the Asia-Pacific region work to enhance competition laws and procedures, the Competition and Consumer Commission Singapore ("CCCS") stepped up its enforcement activity in 2019. During the year, the competition authority focused on anticompetitive practices, the hospitality industry, and marketplace disrupters. The CCCS issued financial penalties against hotel operators, released price transparency guidelines following its study of the domestic online travel industry, and joined the International Competition Network's Framework on Competition Agency Procedures to advance procedural fairness. In this White Paper, we review the key developments in Singapore's competition enforcement during the last year and describe what companies with operations in Singapore can expect in the coming years.
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