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CCS FINES TWO FERRY OPERATORS FOR UNLAWFUL PRICE INFORMATION EXCHANGE
On 18 July 2012, the Competition Commission of Singapore (“CCS”) issued an infringement decision against Batam Fast Ferry Pte Ltd (“Batam Ferry”) and Penguin Ferry Services Ltd (“Penguin Ferry”) for infringement of section 34 of the Competition Act (Cap. 50B) (“Competition Act”).
Established in 1889, Drew & Napier LLC is one of Singapore's leading and largest law firms, with over 250 lawyers and fee-earners. Consistently rated top tier in dispute resolution over the years by international ranking organisations such as Asia Pacific Legal 500, Chambers Global, Practical Law Company, Best Lawyers and Asia Law, the firm has 7 Senior Counsel. The firm is headed by chief executive officer, Davinder Singh, Senior Counsel. Drew & Napier LLC is also rated top tier in Corporate Insolvency & Restructuring, Intellectual Property (Patents and Trademarks), Competition & Antitrust, Telecommunications, Media & Technology and Tax, with market leading practices in Mergers & Acquisitions, Corporate Finance, and Admiralty & Shipping. For more information, please visit www.drewnapier.com