The Competition Commission of Singapore (CCS) wants public feedback on proposals to change the way it enforces provisions under the Competition Act.
The proposed guidelines aim to provide greater transparency, and make it easier for businesses and consumers to understand the various competition concepts and file complaints, the CCS said in a statement yesterday.
The proposed rules will also make applications for leniency clearer and more efficient, and introduce a fast-track procedure for some cases.
The move to streamline and simplify certain forms will save businesses time and resources when providing information during the notification process, the CCS said.
The commission was set up in 2005 to investigate anti-competitive activities and impose "remedies, directions and financial penalties" if required.
The consultation documents can be downloaded from the CCS website at www.ccs.gov.sg under the section "Public Register and Consultation", and also the Government Online Consultation Portal at www.reach.gov.sg. The last day for submission is Nov 6.