Previous Page  77 / 100 Next Page
Information
Show Menu
Previous Page 77 / 100 Next Page
Page Background

CCS WORK PLAN SEMINAR 2016

On 22 January 2016, CCS held its

annualWorkPlanSeminaratTemasek

Club. Theserenityof thesurroundings

facilitated the conversations which

set the theme for CCS’s work plan

in the new financial year.

Besides taking into consideration

the overall economic outlook, CCS

used the SWOT analysis to identify

potential impact and implications

of key trends af fecting the

operating landscape. In particular,

the SWOT analysis enables CCS

to spot emerging trends and

growth opportunities, constraints

and threats, both internally

and externally.

CCS’s priorities for 2016 and

2017 are set against its operating

environment and the resulting

opportunities and challenges CCS

will be facing. They are broadly

clustered along these themes:

Enforcement

Robust and credible enforcement

will always remain a cornerstone

of CCS’s work. CCS will continue to

enforce against cartels that harm

competition and to aid this, CCS will

conduct bid-rigging workshops for

government agencies to help them

identify possible cartels relating

to government procurement.

Enforcement efforts will also be

strengthened througheffectiveuseof

commitments and remedies, aswell

as through enhancement of CCS’s

case detection frameworks to better

detect anti-competition conduct (for

example, potentially anti-competitive

and un-notified mergers).

E-commerce

Globally, digitisation is changing

competition dynamics and creating

new market opportunities. CCS,

together with other relevant

government agencies, can work

to help our Small and Medium

Enterprises (“SMEs”) leverage

technology innovations to tap on new

growth areas and to expand their

regional or global reach, especially

in e-commerce.

International

Outside Singapore, CCS will

focus on fostering closer working

ties with our key counterparts

overseas to further strengthen

Competition Policy and Law (“CPL”)

development and cooperation in

the region. Furthermore, there will

be a continual effort to deepen

engagement with our counterparts

in ASEAN to ensure an effective

regional CPL that will reap the

benefits of the ASEAN Economic

Community (“AEC”) Blueprint

2025 and support the formation

of a competitive, innovative and

dynamic ASEAN.

Outreach & Stakeholder

Engagement

Enforcement andoutreach/advocacy

go hand-in-hand towards achieving

effective competition. CCS will

continue to develop and implement

various engagement platforms with

the government, public, businesses

and other stakeholder groups to

garner support for itswork. Thiswill

involve identifying newopportunities

and models for various stakeholder

engagement programmes and

platforms, and finding ways to build

relationshipswithkeystakeholders.

Market Entry/ Expansion

CCS will ensure that markets, both

domestic and international, remain

open to entry, to allow for continuous

innovationandnewbusinessmodels.

CCS can achieve this though various

tools such as enforcement ormarket

studies to identify bottlenecks.

Competitive Pricing

CCS will look into how our

interventions can help to achieve

more competitive pricing to help

rein in costs for businesses and

consumers. One way is to help

consumers exercisemore informed

choices by improving availability of

price information aswell as reducing

transaction costs (for example,

switching cost) for consumers.

$

6

2

3

4

1

5

75

CCS ANNUAL REPORT 2015-2016

REACHING ABOVE THE HORIZON