Competition watchdog allows tie-ups on essential supplies during pandemic
Vivienne Tay
Singapore
THE Competition and Consumer Commission of Singapore (CCCS) will "generally" not investigate certain collaborations between competitors when it comes to the supply of essential goods or services in Singapore, amid the ongoing novel coronavirus outbreak.
These collaborations should sustain or improve the supply of essential goods or services, be limited in scope and time, and also not involve price-fixing, bid-rigging, market sharing or output limitation.
TRENDING NOW
A ‘shadow bank’ hiding in Singapore’s Little India casts light on financial services gap
UOB CEO’s youngest child Grant Wee turns burnout into a wellness business
Singapore, Asean have to be proactive to stay relevant in volatile world: Chan Chun Sing
Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart