The Competition Commission of Singapore is inviting public comment on proposed changes to its merger guidelines. The CCS seeks to update the 2007 Guidelines or Merger Procedures to “increase transparency of CCS’ merger review procedures, to streamline the process of merger notification in order to minimise the burdens on businesses and to maximise the benefits of Singapore’s voluntary merger notification system.”
The draft revised guidelines include the following topics:
- self-assessment, and when to notify a merger to CCS;
- notification of mergers involving two small companies, and;
- confidential advice and opinions on mergers by the CCS.
Comments are to be submitted by March 20, 2012.
Source: Competition Commission of Singapore
Related content: An Overview of Competition Law in Southeast Asia (R. Ian McEwin, National University of Singapore)
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