Region: Singapore

Singapore seeks public opinion on LSE/Refinitiv remedies

Singapore’s competition enforcer has invited feedback on remedies offered by the London Stock Exchange Group to secure approval for its proposed $27 billion acquisition of Refinitiv, which is set to close tomorrow.

28 January 2021

Singapore’s appeal board slashes record fines

Singapore’s Competition Appeal Board has reduced record fines levied against several chicken producers after finding that the country’s competition watchdog failed to prove that they agreed to share the market.

21 January 2021

Narrow relevant market colours Singaporean Uber decision

As the debate on defining relevant markets in the digital economy continues – especially vis-à-vis traditional incumbents – Singapore’s competition agency and specialist appellate body have taken a narrow approach in the transportation sector.

15 January 2021

Uber loses appeal in Singapore over Grab deal

Singapore’s Competition Appeal Board has dismissed Uber’s appeal against a decision finding that the sale of its southeast Asian business to Grab was illegal.

13 January 2021

Singapore fines pool maintenance cartels

Singapore’s competition watchdog has sanctioned three companies for conspiring to rig bids for contracts to provide swimming pool maintenance services but reduced the fines for two of the conspirators after offering a fast track procedural discount for the first time.

15 December 2020

Singapore’s competition boss reflects on her first year and the future

Sia Aik Kor became chief executive of the Competition and Consumer Commission of Singapore in October 2019, replacing Toh Han Li, who stepped down after six years in the role. One year on, she spoke to Charles McConnell about the challenges of the covid-19 pandemic and her vision for the future.

10 November 2020

Covid-19 hasn’t changed Singapore’s approach to airline tie-ups, agency head says

The chief executive of Singapore’s competition watchdog has said that her agency’s guidance from 2018 on airline mergers and alliances remains valid even as the covid-19 pandemic has brought the industry to its knees.

30 October 2020

Singapore issues e-commerce platform guidance

Singapore’s antitrust enforcer has ended its market study into e-commerce platforms without identifying any significant competition concerns, but published new guidance on how it will analyse market definition and market power in this area.

11 September 2020

Singapore clears major Korean shipping deal

Singapore’s competition authority has unconditionally cleared a tie-up between two of the world’s largest shipbuilders despite finding high barriers to entry and a lack of countervailing buyer power in the markets for the supply of several large commercial vessels.

25 August 2020

Singapore on board with Alstom/Bombardier deal

Singapore’s antitrust watchdog has unconditionally cleared Alstom’s acquisition of Bombardier’s rail business, just weeks after the European Commission accepted substantial divestments to clear the tie-up.

18 August 2020

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