Ministry of Trade and Industry of the Republic of Singapore

08/02/2022 | Press release | Distributed by Public on 08/02/2022 08:29

Written reply to PQ on Complaints to CCCS on price hikes and anti-competitive behaviour

Question

Assoc Prof Jamus Jerome Lim: To ask the Minister for Trade and Industry from 2018 to date (a) how many complaints on alleged price hikes and potential anti-competitive behaviour has the Competition and Consumer Commission of Singapore (CCCS) received annually; and (b) how many investigations on potential anti-competitive behavior has CCCS initiated on its own.

Written Answer by Minister for Trade and Industry Gan Kim Yong

1. From 2018 to 2021, CCCS received an average of about 200 complaints on alleged anti-competitive behaviour annually.

2. From its own surveillance, CCCS has also launched 15 investigations and market studies into potential anti-competitive behaviours.