13 fresh chicken distributors hit with S$26.9m fine
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Janice Heng
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Singapore
THIRTEEN distributors of fresh chicken have been fined S$26.9 million for price-fixing and agreeing not to compete for customers in the largest total financial penalty in a single case to date, said the Competition and Consumer Commission of Singapore (CCCS) in a statement on Wednesday.
Such distributors import live chickens from farms in Malaysia and slaughter them in Singapore, selling the fresh chicken products to customers such as supermarkets and restaurants. These distributors collectively supply more than 90 per cent of fresh chicken products in Singapore, with an annual combined turnover of about S$500 million.
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