Singapore

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Revision as of 03:06, 30 August 2007 by Kajrozga (talk | contribs) (New page: '''Score = __''' ''Governed by:'' No. 46 Competition Act of 2004<ref>Enacted Jan 1, 2005, but relevant substantive provisions weren’t enacted until Jan 1, 2006</ref> (hereinafter refer...)
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Score = __

Governed by: No. 46 Competition Act of 2004[1] (hereinafter referred to as “Competition Act”).[2]

Category Subcategory Score Comment
Scope Extraterritoriality 1 Section 33 states that the Competition Act’s prohibitions extend to agreements and activity made outside the country.
Remedies Fines 1 Section 83 provides for a general penalty of up to $10,000, though other provisions specify higher amounts
Prison Sentences 1 Section 83 allows imprisonment for 12 months
Divestitures
Private Enforcement 3rd Party Initiation
Remedies Available to 3rd Parties 1 Section 86 gives any person affected by anti-competitive actions a right of action for relief in civil proceedings
3rd Party Rights in Proceedings 1 Section 71(1) gives any party affected by a Commission ruling the right to appeal.
Merger Notification Voluntary
Mandatory
Pre-merger
Post-merger
Merger Assessment Dominance
Restriction of Competition
Public Interest (Pro D)
Public Interest (Pro Authority)
Other
Efficiency
Dominance Limits Access 1 Section 47(2)(b) prohibits limiting production
Abusive Acts 1 Section 47 prohibits abusive acts by dominant firm
Price Setting
Discriminatory Pricing 1 Section 47(2)(c) prohibits price discrimination
Resale Price Maintenance
Obstacles to Entry
Efficiency Defense 1 Section 1 of the Third Schedule states that Section 47 prohibitions do not apply to “any undertaking entrusted with the operation of services of general economic interest”
Restrictive Trade Practices Price Fixing 1 Section 34(2)(a) prohibits price fixing.
Tying 1 Section 34(2)(c) prohibits tying.
Market Division
Output Restraint 1 Section 34(2)(b) prohibits the limit or control of production
Market Sharing 1 Section 34(2)(c) prohibits market sharing
Eliminating Competitors
Collusive Tendering/Bid-Rigging
Supply Refusal
Efficiency Defense 1 Section 41 allows for “block exemptions” of agreements that improve production or development and that promote economic or technical progress; Also, Section 9 of the Third Schedule states that “Section 34 prohibition shall not apply to any agreement which contributes to improving production or distribution; or promoting technical or economic progress”

References

  1. Enacted Jan 1, 2005, but relevant substantive provisions weren’t enacted until Jan 1, 2006
  2. http://www.ccs.gov.sg/Legislation/CompetitionAct/index.html