A PYMNTS Company

Singapore: 13 chicken distributors face price-fixing accusations

 |  March 8, 2016

Thirteen fresh chicken distributors, making up more than 90 per cent of the market in Singapore, have been issued a proposed infringement decision for price-fixing by the Competition Commission of Singapore.

The written notice, which lays out the facts for its proposed decision, was issued on Tuesday and claims the companies engaged in anti-competitive agreements to coordinate the amount and timing of price rises, and agreed not to compete for each other’s customers.

The distributors now have six weeks to submit a defence and could face fines if found to have infringed anti-competition rules.

Full content: Today

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.