The estimated US$2 billion (S$2.7 billion) transaction raised concerns that the removal of competition would be detrimental to customers in Singapore. Following an application for decision on 12 September 2019, The Competition and Consumer Commission of Singapore (the ''CCCS'')
The Singapore Competition Authority opens a phase-II review of a proposed merger between two shipbuilding companies due to concerns that the removal of competition would be detrimental to customers (Korea Shipbuilding / Daewoo Shipbuilding)
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