The Competition and Consumer Commission of Singapore (“CCCS“) has issued a Business Collaboration Guidance Note (“Guidance Note“) that clarifies CCCS’ position on common types of business collaborations and provides supplementary guidance on how CCCS will generally assess whether such collaborations comply with section 34 of the Competition Act. The Guidance Note also sets out factors and conditions under which competition concerns are less likely to arise.
In this Update, we highlight the salient features of the Guidance Note, including the key competition concerns of the common types of collaborations and how CCCS generally assesses compliance of such collaborations.
For more information, click here to read the full Legal Update.
