June 16, 2009
In a statement, CCS, which takes a serious view of such harmful anti-competitive practices, said price-fixing was considered a serious infringement of the Competition Act.
Section 34 of the Competition Act prohibits agreements between undertakings, decisions by associations of undertakings or concerted practices which have as their object or effect the prevention, restriction or distortion of competition within Singapore.
CCS said when businesses colluded to fix prices, they were in fact agreeing to stop competing and gain financially at the expense of the customers.
The PID is a written notice setting out the facts on which CCS makes its assessment and its reasons for arriving at the proposed decision.
It is issued to give the parties involved an opportunity to put forth their arguments to CCS and submit information that they wish CCS to consider.
In this regard, the EBAA and the 16 companies have six weeks from the receipt of the PID to make representations or argue the case set out by CCS.
CCS said it would consider the merits of the parties' representations before finalising its decision on whether there has been an infringement of competition law.
The 16 companies issued with the PID by CCS included Alisan (S) Pte Ltd, Enjoy Holiday Tour Pte Ltd, Five Stars Tours Pte Ltd, GR Travel Pte Ltd, Grassland Express & Tours Pte Ltd, Gunung Raya Travel Pte Ltd, Konsortium Express & Tours Pte Ltd, and Lapan Lapan Travel Pte Ltd.
The others were Luxury Tours & Travel Pte Ltd, Nam Ho Travel Service (Singapore) Pte Ltd, Regent Star Travel Pte Ltd, Sri Maju Tours & Travel, T&L Tours Pte Ltd, Transtar Travel Pte Ltd, Travelzone Network Services Pte Ltd, and WTS Travel & Tours Pte Ltd. -- BERNAMA
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