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On Top of Our Game 14
We Ensure Players Play by the Rules
We Ensure Players Play by the Rules
Ensuring a Fair, Vibrant and Competitive Marketplace
As a professional competition authority championing competition, CCS strives to level the playing
field so Singapore’s economy remains vibrant and characterised by competitive markets and
innovative businesses. To this end, we have to ensure that all players know and abide by the rules
and the Competition Act.
In FY2013/14, we completed 49 cases, up from 38 the previous year. Out of a total of 20 Preliminary
Enquiries and Investigations, we issued Infringement Decision against one international cartel
formed by Japanese ball and roller bearing manufacturers and their Singapore subsidiaries, and a
Proposed Infringement Decision against another international cartel involving air freight forwarders.
The number of notifications more than doubled to eight cases from only three the previous year.
The year-on-year increase in workload underlined the growing awareness and importance of CCS’s
role in ensuring a fair competition business environment for businesses in Singapore.
CCS’s Leniency and Leniency Plus Programme
CCS’s Leniency Programme allows an undertaking to apply for a leniency marker even without
substantial information or evidence of the cartel initially. Thereafter, the undertaking is allowed time to
collect the information or evidence required to perfect the marker in support its leniency application.
If the undertaking meets the relevant criteria and if it is the first to notify CCS, it will then be entitled
to immunity from financial penalties (where CCS has not commenced investigation) or a reduction
of up to 100% of the financial penalties (where CCS has commenced investigation). A subsequent
leniency applicant, which co-operates with CCS and provides evidence of cartel activity, may be
entitled to a reduction of up to 50% of the financial penalties. CCS’s Leniency Plus Programme also
allows an applicant under investigation for a cartel activity to report its involvement in another cartel
to secure reduced penalties for the first case and immunity from financial penalties in the second
case (where CCS has not commenced investigation into the same).
We Ensure Players Play by the Rules
We Ensure Players Play by the Rules
Ensuring a Fair, Vibrant and Competitive Marketplace
As a professional competition authority championing competition, CCS strives to level the playing
field so Singapore’s economy remains vibrant and characterised by competitive markets and
innovative businesses. To this end, we have to ensure that all players know and abide by the rules
and the Competition Act.
In FY2013/14, we completed 49 cases, up from 38 the previous year. Out of a total of 20 Preliminary
Enquiries and Investigations, we issued Infringement Decision against one international cartel
formed by Japanese ball and roller bearing manufacturers and their Singapore subsidiaries, and a
Proposed Infringement Decision against another international cartel involving air freight forwarders.
The number of notifications more than doubled to eight cases from only three the previous year.
The year-on-year increase in workload underlined the growing awareness and importance of CCS’s
role in ensuring a fair competition business environment for businesses in Singapore.
CCS’s Leniency and Leniency Plus Programme
CCS’s Leniency Programme allows an undertaking to apply for a leniency marker even without
substantial information or evidence of the cartel initially. Thereafter, the undertaking is allowed time to
collect the information or evidence required to perfect the marker in support its leniency application.
If the undertaking meets the relevant criteria and if it is the first to notify CCS, it will then be entitled
to immunity from financial penalties (where CCS has not commenced investigation) or a reduction
of up to 100% of the financial penalties (where CCS has commenced investigation). A subsequent
leniency applicant, which co-operates with CCS and provides evidence of cartel activity, may be
entitled to a reduction of up to 50% of the financial penalties. CCS’s Leniency Plus Programme also
allows an applicant under investigation for a cartel activity to report its involvement in another cartel
to secure reduced penalties for the first case and immunity from financial penalties in the second
case (where CCS has not commenced investigation into the same).
