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Contents  

Long Title

Part I PRELIMINARY

Part II COMPETITION COMMISSION OF SINGAPORE

Division 1 — Establishment, incorporation and constitution of Commission

Division 2 — Functions, duties and powers of Commission

Division 3 — Provisions relating to staff

Division 4 — Financial provisions

Division 5 — Transfer of property, assets, liabilities and employees

Division 6 — General

Part III COMPETITION

Division 1 — General

Division 2 — Agreements, etc., preventing, restricting or distorting competition

Division 3 — Abuse of dominant position

Division 4 — Mergers

Division 4A — Commitments

Division 5 — Enforcement

Part IV APPEALS

Division 1 — General

Division 2 — Competition Appeal Board

Part V OFFENCES

Part VI MISCELLANEOUS

FIRST SCHEDULE Constitution and proceedings of Commission

SECOND SCHEDULE Powers of Commission

THIRD SCHEDULE Exclusions from section 34 prohibition and section 47 prohibition

FOURTH SCHEDULE Exclusions from section 54 prohibition

Legislative Source Key

Legislative History

 
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On 22/10/2017, you requested the version in force on 22/10/2017 incorporating all amendments published on or before 22/10/2017. The closest version currently available is that of 22/01/2016.
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Agreements, etc., preventing, restricting or distorting competition
34.
—(1)  Subject to section 35, agreements between undertakings, decisions by associations of undertakings or concerted practices which have as their object or effect the prevention, restriction or distortion of competition within Singapore are prohibited unless they are exempt in accordance with the provisions of this Part.
(2)  For the purposes of subsection (1), agreements, decisions or concerted practices may, in particular, have the object or effect of preventing, restricting or distorting competition within Singapore if they —
(a)
directly or indirectly fix purchase or selling prices or any other trading conditions;
(b)
limit or control production, markets, technical development or investment;
(c)
share markets or sources of supply;
(d)
apply dissimilar conditions to equivalent transactions with other trading parties, thereby placing them at a competitive disadvantage; or
(e)
make the conclusion of contracts subject to acceptance by the other parties of supplementary obligations which, by their nature or according to commercial usage, have no connection with the subject of such contracts.
(3)  Any provision of any agreement or any decision which is prohibited by subsection (1) shall be void on or after 1st January 2006 to the extent that it infringes that subsection.
(4)  Unless the context otherwise requires, a provision of this Act which is expressed to apply to, or in relation to, an agreement shall be read as applying, with the necessary modifications, equally to, or in relation to, a decision by an association of undertakings or a concerted practice.
(5)  Subsection (1) shall apply to agreements, decisions and concerted practices implemented before, on or after 1st January 2006.
[UK Competition 1998, s. 2 (1), (2), (4), (5) and (6)]
History for Provision '34 Agreements, etc., preventing, restricting or distorting competition'.
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pr34-.
01/01/2005
Formal Consolidation
18 November 2004
Act
46 of 2004

31/01/2006
Formal Consolidation
31 January 2006
2006 RevEd