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COMPETITION ASSESSMENT OF THE INDUSTRIAL PROPERTY MARKET IN SINGAPORE: CCS DECIDES THAT...

April 2013 - EU & Competition. Legal Developments by Drew & Napier LLC .

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NO IMMEDIATE ACTION IS NECESSARY

EXECUTIVE SUMMARY
On 2 April 2013, the Competition Commission of Singapore ("CCS") published a paper titled "Competition Assessment on the Industrial Property Market in Singapore" ("CCS Paper"). Amongst other things, the CCS Paper reviewed industry practices and regulations in the industrial property market in Singapore from 2002 to the first quarter of 2012 that may hamper or distort competition. Other markets that have previously been studied by CCS include the retail petrol market and the retail mall space rental market.

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