Previous Page  43 / 100 Next Page
Information
Show Menu
Previous Page 43 / 100 Next Page
Page Background

List of Parties:

1. Gold Chic Poultry Supply

Pte Ltd;

2. Hua Kun Food Industry

Pte Ltd;

3. Hock Chuan Heng Farm

and its sole-proprietor, Hy-

fresh Industries (S) Pte Ltd;

4. Kee Song Brothers Poultry

Industries Pte Ltd;

5. Lee Say Poultry Industrial

and its sole-proprietor, Lee

Say Group Pte Ltd;

6. H u p H e n g P o u l t r y

Industries Pte Ltd;

7. KSB Distribution Pte Ltd;

8. Prestige Fortune (S) Pte

Ltd;

9. Ng Ai Muslim Poultry

Industries Pte Ltd;

10. SinmahPoultryProcessing

(S) Pte Ltd;

11. Toh Thye San Farm;

12. To n g Hu a t P o u l t r y

Processing Factory Pte

Ltd; and

13. Ban Hong Poultry Pte Ltd

These actions by the Parties were

aimed at distorting the prices of fresh

chicken products in Singapore. By

agreeing not to compete for each

other’s customers, and coordinating

the price increases, the Par ties

restricted the choices available to

customers and provided few options

for them to switch distributors.

On 8 March 2016, CCS issued a

written notice to the Parties, setting

out the facts on which CCS made

it s assessment , along with the

reasons for the proposed decision.

CCS will make its final decision,

after considering representations

from the Parties, as well as available

information and evidence.

UNDER THE COMPETITION ACT,

BUSINESSES SHOULD INDEPENDENTLY DETERMINE THEIR

RESPONSES TO COMPETITION

AND NOT ENTER INTO ANYAGREEMENT OR ARRANGEMENT THAT

PREVENTS, RESTRICTS OR DISTORTS COMPETITION.

PARTIES SUPPLY

MORE THAN 90%

OF THE FRESH CHICKEN PRODUCTS

IN SINGAPORE

ANNUAL TURNOVER OF APPROXIMATELY

HALF A

BILLION DOLLARS ANNUALLY

Source: The Straits Times (9 March 2016) © Singapore Press Holdings Limited. Permission required

for reproduction

41

CCS ANNUAL REPORT 2015-2016

GUIDING YOU TO NEW HEIGHTS