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On 23 November 2011, the Competition
Commission of Singapore (“CCS”) released an
infringement decision against 11 modelling
agencies in Singapore for breaching Section 34 of
the Competition Act (Cap. 50B) (“Act”). Section 34
of the Act prohibits, amongst other things, price
fixing activities.
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The issue before the Court of Appeal was whether
the registration of the trade mark NIKE should
have been rejected on the ground that as of the
registration date of the NIKE mark, there existed
another identical earlier mark on the trade mark
register. The appellant, Campomar SL
("Campomar"), was the proprietor of the earlier
mark and had appealed against the decision of the
High Court Judge, who had refused to overturn the
decision of the Principal Assistant Registrar of
Trade Marks ("PAR"), and allowed the trade mark
NIKE to proceed to registration.
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It is a common practice for companies to seek patent protection in various jurisdictions for the same invention.
As each of these patent applications would need to undergo search and/or examination by the different patent
offices, it is therefore not only a costly process for applicants but also one which requires significant time and
effort from the patent offices to perform.
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To what extent are asset-based lending structures used (e.g., revolving and term loan facilities
secured by present and future accounts and inventory, with the amount of loans available at any
time based on the value of such assets)?
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The Monetary Authority of Singapore (“MAS”) has issued a set of subsidiary legislation and regulations creating a new regulatory framework for credit rating agencies (“CRAs”).
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The Health Sciences Authority (“HSA”) is holding a public consultation on its proposal to consolidate the legislative provisions regulating western medicine into a single statute. Currently, the regulatory controls are found in separate pieces of legislation, including the Medicines Act and the Poisons Act. It is proposed to transfer these provisions into the Health Products Act.
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IMPLEMENTATION OF COMPETITION LAW IN MALAYSIA
Competition law in Malaysia will become a reality next year, with the Malaysia Competition Act 2010 (“Act”) due to take effect from 1 January 2012.
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On 13 September 2011, the Singapore Government released a public consultation paper on the proposed introduction of a consumer Data Protection (DP) regime in Singapore.
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By Venisha Lakshmi Nair
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By Deryne Sim
