The Singapore Competition Authority fines four Japanese ball bearings manufacturers and their Singapore subsidiaries S$9.3M for an anticompetitive agreement (Ball and roller bearings manufacturers)

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Introduction Happy New Year all! We start the year with a coverage of key developments in competition law in Singapore over the past year, and discuss the likely trends looking forward to 2015. We also touch on the upcoming ASEAN Economic Community (“AEC”), which is expected to come into force this year. In summary, the Competition Commission of Singapore (“CCS”) has taken a highly pro-active stance in ensuring compliance with competition law in Singapore. It has cracked down on international cartel cases affecting competition in Singapore, and it has stepped up its enforcement activity in relation to merger control. It has established itself as a serious regulator not to be ignored; and we see this trend carrying on into 2015. This, coupled with the AEC in 2015, will clearly see

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Tanya Tang, Dominique Lombardi, Kala Anandarajah, The Singapore Competition Authority fines four Japanese ball bearings manufacturers and their Singapore subsidiaries S$9.3M for an anticompetitive agreement (Ball and roller bearings manufacturers), 27 mai 2014, e-Competitions May 2014, Art. N° 80147

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