CCS Annual Report 2015-2016

CCS ceased its investigation after

reviewing the facts and circumstances

of the case and on the basis of the given

commitments. There will still be a close

monitoring of the market practices

in the cord blood bank industry and

CCS reserves the right to reopen the

investigation should Cordlife breach any

of its commitments.

EXCLUSIVE AGREEMENTS WITH

BABY FAIR ORGANISERS AND

HOSPITALS

BUSINESSES THAT ARE

UNSURE AS TO WHETHER

THEY FULLY COMPLYWITH THE

COMPETITION ACT SHOULD

EITHER:

SEEK

INDEPENDENT

LEGAL ADVICE

APPLY FOR

GUIDANCE

FROM CCS

POTENTIALLY LIMITS

COMPETITION FROM

OTHER PROVIDERS

CASE OVERVIEW

CCSencourages all businesses toproactivelyput inplace

competition compliance programmes to ensure their

business conduct fully complies with the Competition

Act. Businesses that are unsure as to whether they

fully comply with the Competition Act should either

seek independent legal advice or consider applying for

guidance from CCS.

CCS encourages all businesses to

proactively put in place competition

compliance programmes to ensure their

business conduct fully complies with the

Competition Act. Businesses that are

unsure as to whether they fully comply

with the Competition Act should either

seek independent legal advice or consider

applying for guidance from CCS.

Source: The Straits Times (18 June 2015)

Permission required for reproduction

CCS ANNUAL REPORT 2015-2016

GUIDING YOU TO NEW HEIGHTS