Singapore: Asia Pacific competition highlights | Q1 2022

In brief

A proposed infringement decision has been issued against four warehouse operators for price-fixing of warehousing services at Keppel Distripark.

This update was published as part of our quarterly newsletter, Asia Pacific Competition Highlights. Click here to access the full report, which covers the most notable antitrust developments across nine Asia Pacific jurisdictions.

 


Contents

CCCS issues proposed decision against warehouse operators for price-fixing

A proposed infringement decision has been issued against four warehouse operators for price-fixing of warehousing services at Keppel Distripark. On 16 March 2022, the Competition and Consumer Commission of Singapore (CCCS) issued a Proposed Infringement Decision (PID) against four warehouse operators (the "Parties") for infringing Section 34 of the Competition Act 2004, by engaging in anti-competitive coordination to fix the price of warehousing services at Keppel Distripark. The CCCS's investigations revealed that from 15 June 2017 to 19 November 2019, the Parties imposed an identically named and priced "FTZ Surcharge", which was charged to their customers for the provision of warehousing services for import cargo. This was done pursuant to communications between the Parties, in between 15 and 16 June 2017. The CCCS found that the Parties knowingly substituted the risk of price competition in favour of practical competition.

The Parties have been provided six weeks from receipt of the PID to make representations to the CCCS, before the CCCS issues its decision.

The CCCS's media release on the PID reinforces that such price-fixing conduct, by its very nature, is harmful to competition, and businesses should independently decide on their pricing strategies.

Related alerts

Australia: Asia Pacific competition highlights | Q1 2022

China: Asia Pacific competition highlights | Q1 2022

Hong Kong: Asia Pacific competition highlights | Q1 2022

Indonesia: Asia Pacific Competition Highlights | Q1 2022

Japan: Asia Pacific Competition Highlights | Q1 2022

Singapore: Asia Pacific competition highlights | Q1 2022

Taiwan: Asia Pacific competition highlights | Q1 2022

Thailand: Asia Pacific competition highlights | Q1 2022

Vietnam: Asia Pacific competition highlights | Q1 2022

 

* * * * *

LOGO_Wong&Leow_Singapore

© 2022 Baker & McKenzie.Wong & Leow. All rights reserved. Baker & McKenzie.Wong & Leow is incorporated with limited liability and is a member firm of Baker & McKenzie International, a global law firm with member law firms around the world. In accordance with the common terminology used in professional service organizations, reference to a "principal" means a person who is a partner, or equivalent, in such a law firm. Similarly, reference to an "office" means an office of any such law firm. This may qualify as "Attorney Advertising" requiring notice in some jurisdictions. Prior results do not guarantee a similar outcome.


Copyright © 2024 Baker & McKenzie. All rights reserved. Ownership: This documentation and content (Content) is a proprietary resource owned exclusively by Baker McKenzie (meaning Baker & McKenzie International and its member firms). The Content is protected under international copyright conventions. Use of this Content does not of itself create a contractual relationship, nor any attorney/client relationship, between Baker McKenzie and any person. Non-reliance and exclusion: All Content is for informational purposes only and may not reflect the most current legal and regulatory developments. All summaries of the laws, regulations and practice are subject to change. The Content is not offered as legal or professional advice for any specific matter. It is not intended to be a substitute for reference to (and compliance with) the detailed provisions of applicable laws, rules, regulations or forms. Legal advice should always be sought before taking any action or refraining from taking any action based on any Content. Baker McKenzie and the editors and the contributing authors do not guarantee the accuracy of the Content and expressly disclaim any and all liability to any person in respect of the consequences of anything done or permitted to be done or omitted to be done wholly or partly in reliance upon the whole or any part of the Content. The Content may contain links to external websites and external websites may link to the Content. Baker McKenzie is not responsible for the content or operation of any such external sites and disclaims all liability, howsoever occurring, in respect of the content or operation of any such external websites. Attorney Advertising: This Content may qualify as “Attorney Advertising” requiring notice in some jurisdictions. To the extent that this Content may qualify as Attorney Advertising, PRIOR RESULTS DO NOT GUARANTEE A SIMILAR OUTCOME. Reproduction: Reproduction of reasonable portions of the Content is permitted provided that (i) such reproductions are made available free of charge and for non-commercial purposes, (ii) such reproductions are properly attributed to Baker McKenzie, (iii) the portion of the Content being reproduced is not altered or made available in a manner that modifies the Content or presents the Content being reproduced in a false light and (iv) notice is made to the disclaimers included on the Content. The permission to re-copy does not allow for incorporation of any substantial portion of the Content in any work or publication, whether in hard copy, electronic or any other form or for commercial purposes.