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Revised merger guidelines offer three key benefits to merging parties

By  |  June 21, 2012

The Competition Commission of Singapore (CCS) has published its revised Guidelines on Merger Procedures 2012. The Commission highlights three benefits for businesses in the Guidelines:

  1. CCS will offer confidential advice to parties considering a merger.
  2. New turnover guidelines exclude SMEs from merger investigations. The threshold to be considered an exempt SME is below a S$5 million turnover for each party in the preceding financial year, or below S$50 million worldwide for all parties.
  3. The application for a merger filing is revised for clarity.

The revised Guidelines will be effective starting July 1.

Full content: CCS Press Release

 

Related content: Singapore Steps up Competition Enforcement

 

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