Volume 29 (2006)

Volume 29 (2006) / Issue 2

Burton Ong, 'The Origins, Objectives and Structure of Competition Law in Singapore' (2006) 29 World Competition, Issue 2, pp. 269–284

Abstract

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.

Copyright © 2006 Kluwer Law International
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ISSN: 1011-4548
ID: WOCO2006018