Volume 29 (2006) / Issue 2
Singapore’s new Competition Law has introduced to the domestic legal landscape, through the substantive provisions of the Competition Act 2004, a brand-new set of prohibitions against anti-competitive agreements and commercial conduct which is abusive of an undertaking’s position of market dominance. Following a year-long public consultation process carried out by the newly-constituted Competition Commission of Singapore, these statutory prohibitions came into force on 1 January 2006. In keeping with Singapore’s law-making traditions in other areas of commercial law, the Competition Act 2004 was modelled substantially after a similar statutory instrument in the United Kingdom: The Competition Act 1998. This article identifies the broad structural similarities between the new Competition Law regime in Singapore and the Anglo-European Competition Law framework while highlighting the key differences between the two. Explanations for these deliberate departures from the legal architecture of the Anglo-European model, and the policy choice which underlie them, will also be offered. This article has been shortlisted for the 1st World Competition Young Writer Award.
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