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An Act to make provision about competition and the abuse of a dominant position in the market; and to establish the Competition and Consumer Commission of Singapore, to provide for its functions and powers and for matters connected therewith.
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COMPETITION ACT 2004 2020 REVISED EDITION This revised...
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An Act to make provision about competition and the abuse of...
- Subsidiary Legislation
The Competition Act was enacted to provide a generic competition law to protect consumers and businesses from anti-competitive practices of private entities. The Competition Act has three prohibitions.
Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement.
27.1.1 The Competition Act 2004 (‘the Act’) was passed by Parliament on 19 October 2004. It is largely modeled after the UK Competition Act 1998. The objective of the Act is to promote the efficient functioning of Singapore’s markets and hence enhance the competitiveness of the economy. A. Overview of the Competition Act 2004.
The Competition Act 2004 (the Competition Act) is the primary statute which governs competition law in Singapore, and aims to protect consumers and businesses from anticompetitive practices in Singapore.
THE STATUTES OF THE REPUBLIC OF SINGAPORE COMPETITION ACT 2004. 2020 REVISED EDITION. This revised edition incorporates all amendments up to and including 1 December 2021 and comes into operation on 31 December 2021. Prepared and Published by THE LAW REVISION COMMISSION UNDER THE AUTHORITY OF THE REVISED EDITION OF THE LAWS ACT 1983.
Oct 11, 2022 · The objective of the competition law in Singapore is to promote the efficient functioning of our markets towards enhancing the competitiveness of the Singapore economy. The Competition Act prohibits anti-competitive activities.
