Global Competition Law is primarly a practitioner's guide presenting the most salient aspects of the major competition laws country by country, giving an overview of their structure and most charasteristic elements.
Global Competition Law also provides insight into possible future developments in the field.

Global Competition Law

The Competition Act is applicable to all undertakings in the private sector which carry out commercial or economic activities, regardless of their potential ownership by a foreign entity, the government or a statutory body. 
The Section 34 prohibition on restrictive agreements and the Section 47 prohibition on abuse of a dominant position may apply even where the practice was put into effect outsi …

Scope

Largely modeled on the UK Competition Act 1998, Singapore's Act No 46 of 2004 ("the Competition Act") was designed to protect consumers and undertakings from the anticompetitive behavior of private businesses, to promote the efficient functioning of Singapore's markets and enhance the competitiveness of the economy. The Competition Act is supplemented by several Regulations, Orders and Guidelines issued by the Competition and Consumer Commission of Singapore (CCCS) and the Minister for Trade and Industry.

Context

The Competition Act is applicable to all undertakings in the private sector which carry out commercial or economic activities, regardless of their potential ownership by a foreign entity, the government or a statutory body. 

The Section 34 prohibition on restrictive agreements and the Section 47 prohibition on abuse of a dominant position may apply even where the practice was put into effect outside Singapore, so long as it has as its object or effect the appreciable prevention, restriction of distortion of competition within Singapore.

As per the Competition Act's Third Schedule, Section 34 and 47 prohibitions do not apply to:

- activities relating to services of general economic interest or having the character of a revenue-producing monopoly or which already have sector-specific competition frameworks ;

- the supply of ordinary letter and postcard services by a person licensed and regulated under the Postal Services Act;

- the supply of wastewater management services, including the collection, treatment and disposal of wastewater;

- the supply of bus services by a licensed bus operator under the Bus Services Industry Act 2015;

- the supply of rail services by any person licensed and regulated under the Rapid Transit Systems Act;

- cargo terminal operations carried out by a person licensed and regulated under the Maritime and Port Authority of Singapore Act.;

- the activities of clearing houses established under the Banking (Clearing House) Regulations.

Global Competition Law

1219. Scope

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Les notions juridiques connexes

1219. Scope

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Les notions juridiques connexes

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