2022 remained a busy year for the Competition and Consumer Commission of Singapore (CCCS) on the merger control front despite the slight dip in M&A activity. The CCCS issued its first cartel infringement decision in a couple of years – meting out fines to four warehouse operators for coordinating the imposition of certain surcharges on their customers. The two hot topics of the day, “digital markets” and “sustainability” remained at the forefront, and the CCCS made various public statements highlighting its commitment to develop competition policy in those areas.
With these trends and developments in 2022, what should businesses expect going into 2023? This update briefly surveys the key developments of 2022 and provides our take on how they may shape the competition law landscape in Singapore in 2023.
If you would like information or assistance on the above or any other area of law, you may wish to contact the Partner at WongPartnership whom you normally work with or any of the following Partners:
Ameera ASHRAF
Head – Antitrust & Competition
d +65 6416 8113
e ameera.ashraf@wongpartnership.com
Click here to view Ameera's CV.
CHAN Jia Hui
Partner – Antitrust & Competition
d +65 6416 2794
e jiahui.chan@wongpartnership.com
Click here to view Jia Hui's CV.