CCCS

Singapore competition watchdog CCCS seeks public feedback on merger, new settlement guidelines

It is proposing new settlement procedure guidelines and changes to its merger procedures guidelines

The competition watchdog earlier opened a public consultation on Sep 8 to seek feedback on TPG’s acquisition of Econ Healthcare (Asia).

Competition watchdog clears Econ Healthcare acquisition, says deal has not substantially lessened competition

This is in view of the low market shares of the parties involved in the acquisition, among other reasons

 Econ Healthcare Group, comprising Econ Healthcare and its subsidiaries, operates eight medicare centres and nursing homes as well as provides non-residential care services in Singapore.

Competition watchdog seeks public’s views on TPG’s proposed privatisation of Econ Healthcare

The Competition and Consumer Commission of Singapore is inviting feedback from Monday until Sep 19, 5 pm

Lambency Detailing posted unauthorised reviews using names of its customers and photos of their vehicles.

CCCS takes action against car groomer Lambency Detailing for posting fake AI reviews

The company has been ordered to stop posting them, and will remove the content on Sgcarmart.com within eight working days

The collusion between the two is related to construction projects for   community clubs in Bukit Batok, Cheng San and Eunos.

Competition watchdog fines two contractors S$4.6 million for rigging People’s Association tenders

Trust-Build Engineering & Construction and Hunan Fengtian Construction colluded in tenders worth S$56 million

The Competition and Consumer Commission of Singapore (CCCS) has given conditional approval for Singapore Airlines and Lufthansa to widen their cooperation across more markets under an expanded joint venture.

CCCS gives conditional OK to expanding SIA-Lufthansa JV to step up air passenger services in more markets

The competition watchdog says the commitments undertaken by the two carriers would be enough to address the competition concerns created by expanding the 2016 joint venture

The bid-rigging typically involved one party – which would be designated as the winner – providing details such as bid pricing to the other party, which would then submit a more expensive bid to give the designated winner a better chance of winning the tender. 

Competition watchdog fines two interior-construction firms nearly S$10 million for rigging tender bids 

The businesses were found to have engaged in this conduct over a five-year period, which affected 12 tenders with a total value of about S$34.1 million

CCCS focused on whether competition would be affected in the downstream markets for offshore plants, given the potential supplier-customer relationship between Dyna-Mac and Hanwha.

CCCS okays Hanwha’s proposed acquisition of Dyna-Mac

Regulator says transaction will not substantially lessen competition within Singapore