Anti Competition Law not effective in Singapore?

[Pioneer]

Why Wait when you can take action?

 

Letter from ANGELINE LEE

 

I refer to the Competition Commission of Singapore's (CCS) reply "Market competition deters overpricing" (May 7), to my commentary "$5 charge should be justified" (April 30).

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CCS' duty, as the competition regulator, is to investigate and regulate if it detects evidence of any possible abuse of dominance in Singapore at any point in time.

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As a regulator, its duty is to act independently to enforce the Competition Act; and this duty should not be delegated or devolved, under law or in spirit, to any government entity.

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I suggested that CCS should consider investigating Nets' $5 charge if "excessive pricing" is covered under the Act as there is currently no competition in the Electronic Road Pricing CashCard market.

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CCS has replied that "competition among different suppliers in a free market environment, instead of regulation, is the best form of protection against any excessive pricing", and that the Land Transport Authority (LTA) is working on the next generation of e-payment systems that will allow multiple payment service suppliers.

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CCS' response suggests that it prefers to wait until LTA introduces competition in the market to protect consumers against any excessive pricing.

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This more benign approach of waiting for the LTA to create competition rather than taking independent pre-emptive action may be instructive of its policy approach as competition regulator in Singapore. It is noted by the writer, and should be taken note of by competition and administrative law lawyers in Singapore.

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I thank CCS for its clarification on the law in Singapore and its approach. CCS' approach may be instructive of its policy approach as a regulator in S'pore

 

 

Source: http://www.todayonline.com/articles/252592.asp

 

 

Haha.. CCS kena suan..... laywer 1 Gahman 0

[Apollo]

just a wayang platform to pacify u peasants.

 

in SG, gahmen say can means can. gahmen say sun rise fr the west, the sun will not rise fr the east.

[Kingcopa]

Yes totally agree. When the man say yes, who dare to say not.

[Gearoil]

Not exactly TOTALLY wayang....wayang 5% of the time ...COMPLACENT 95% the rest of the time!!!!

[Scoots]

Please lah.... It's a fact that the sun rise from the east so that cannot be changed one lah.

 

If the gahmen say that it rises from the west, they will tell us that as of some date ago, east is west and west is east .... we shouldn't have been complacent and taken the definations for granted and should have visited their website regularly to check up on ammendments to definitions....

[Apollo]

where got fact... gahmen will tell u man

 

when sun rise fr the west... pasir ris west...

 

sun set in the east... jurong east...

 

u know or dunno one... come bluff me...

[Scoots]

Win liow loh ...!

[Chickenfarm]

Apollo is "Anti-competition" u dun noe meh?

[Chickenfarm]

Dun believe u just wait...I'm sure a rebuttal is on the way

 

[Scoots]

Huh?... you replying to yourself?

 

He should be quite happy with the CCS's reply...

[Chickenfarm]

Sshh...I'm luring him in

 

Apollo engry with me lah...dun reply

[Typhoonz]

They'll say whatever is beneficial to them lah... Sian liao...

[Scoots]

CCS has replied that "competition among different suppliers in a free market environment, instead of regulation, is the best form of protection against any excessive pricing".

 

CCS' response suggests that it prefers to wait until LTA introduces competition in the market to protect consumers against any excessive pricing.

 

Haha.. CCS kena suan..... laywer 1 Gahman 0

 

Of course!

 

Basically they are saying: When there's no competition, so not in their area. When there's competition, the competition is the nest form of protection.

 

Err... so what are they there for?.....

Edited May 8, 2008 by Scoots

[Seaweed]

Competition Commission??? Ha Ha....Today then I know my country got such thing....Political Competition is under them bo ??? ha ha ha

[Seaweed]

Ha Ha....fren don't break their ""rice bowl"" leh....else many ""rice bowl"" should go also....

[Zniper]

knn, nowadays more and more wayang show liao... voting coming soon le??

hope someone up there in the higher above got surf mcf frequently and hope more and more ppl come into tis forum so tat boycotts will soon be seen...

[Ahwhye]

Not exactly TOTALLY wayang....wayang 5% of the time ...COMPLACENT 95% the rest of the time!!!!

 

dun confuse anyhow say hor...wayang is only for gahmen just like peasants is only capable of complacency.