ARTICLE · 23 APRIL 2024

Competition Law Fact Sheet

Norton Rose Fulbright Hong Kong

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The Competition Act 2004 (the Competition Act) is the primary statute which governs competition law in Singapore, and aims to protect consumers and businesses...

SingaporeAntitrust/Competition Law

Nicolas Cassauba

Main features of the law

Prohibitions of anticompetitive agreements, abuses of a dominant position and mergers and acquisitions that substantially lessen competition
Voluntary merger control regime
Exemption of vertical agreements
Sector-specific competition rules

Enforcement trends

A growing focus on digital platforms; environmental sustainability; as well as beauty and wellness sectors
More active enforcement and increases in the level of fines

Substantive provisions

Main rules

The Competition Act 2004 (the Competition Act) is the primary statute which governs competition law in Singapore, and aims to protect consumers and businesses from anticompetitive practices in Singapore. It prohibits three types of anticompetitive conduct:

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