CPL 1: Singapore Competition Law: Sections 34, 47 & 54

What is the primary objective of competition law as described?

The Competition and Consumer Commission of Singapore (CCCS) is a private entity overseeing competition regulations in Singapore.

What are the two main categories of prohibitions under Singapore's Competition Act?

Section __________ of the Competition Act addresses anti-competitive agreements.

Match the following sections of the Competition Act with their respective prohibitions:

Which statement accurately describes the application of Singapore's Competition Act?

Competition law and unfair competition laws are interchangeable terms that can be used to describe the same legal framework.

According to the content, what are the two schedules that contain statutory exclusions to the application of the Competition Act 2004?

In the context of competition law, 'undertakings' refers to any entity capable of __________ and __________ activity.

Match the following concepts with their respective descriptions:

What is the significance of the CCCS Public Register?

As of May 2023, the CCCS has imposed jail terms for anti-competitive conduct.

What type of prohibition does Section 54 of the Competition Act focus on?

The most direct way to increase profits in the absence of competition law is by __________ with competitors or the __________ of such competitors.

Which of the following examples violate section 47?

In the context of Singapore's competition law, which of the following best encapsulates the primary objective?

Under Singapore's Competition Act, statutes explicitly exempt all government-owned companies from its purview to facilitate state-led economic development.

Define the term 'undertaking' as it is legally construed within the framework of Singapore's Competition Act, and elaborate on its scope of application.

Section ______ of Singapore’s Competition Act addresses structural prohibitions related to merger control, specifically targeting situations that may result in a substantial lessening of competition.

Match the following categories of prohibitions under Singapore's Competition Act with their corresponding descriptions:

Which of the following best describes the 'total welfare approach' as an enforcement priority under Singapore's competition law regime?

In Singapore, the Competition and Consumer Commission of Singapore (CCCS) primarily functions as a legislative body, enacting new competition laws and regulations.

Explain the distinction between 'behavioural prohibitions' and 'structural prohibitions' within the context of Singapore's competition law, providing an example for each.

Schedule ______ of the Competition Act outlines specific statutory exclusions applicable to both Section 34 and Section 47 prohibitions.

Which of the following scenarios would most likely fall under the purview of Section 47 prohibition in Singapore's Competition Act?

Colluding with competitors to fix prices is generally considered a legitimate business strategy in Singapore, as long as it leads to increased profitability for the companies involved.

Describe the role of the Competition and Consumer Commission of Singapore (CCCS) in administering the competition regime in Singapore.

The objective of competition law is to correct market ______ caused by anti-competitive behaviour.

Match the following sections of the Singapore Competition Act with their primary focus:

Which of the following best exemplifies an 'anti-competitive agreement' as prohibited under Section 34 of Singapore’s Competition Act?

As of May 2023, the Competition and Consumer Commission of Singapore (CCCS) has imposed jail terms for anti-competitive conduct.

Explain the concept of 'consumer surplus' and 'producer surplus' and how they relate to the policy objectives of competition law in Singapore.

Schedule ______ of the Competition Act includes exclusions from the Section 54 prohibition, specifically related to merger control.

Which of the following is NOT considered a primary enforcement priority under Singapore's competition law regime?

Competition law and consumer rights law are essentially the same, both aiming to protect consumers from unfair market practices.

What are the key differences between competition law and unfair competition laws?

The Competition and Consumer Commission of Singapore (CCCS) is a statutory board of ______.

Match the type of prohibition with the corresponding section in Singapore's Competition Act:

In the absence of competition law, what is the most direct way for businesses to increase profits, as highlighted in the overview?

The Competition Act in Singapore only applies to companies that are majority-owned by Singaporean citizens or entities.

Explain why competition law is considered a 'fast expanding area of law' globally.

Section 47 of Singapore's Competition Act specifically prohibits ______ of dominant position.

According to the provided material, what is the approximate financial penalty imposed by CCCS in infringement decisions as of May 2023?

The module content explicitly covers competition laws beyond the Singapore Competition Act and CCCS guidelines, offering a global perspective.

What is the significance of the CCCS Public Register mentioned in the overview?

______ prohibitions under Singapore’s Competition Act include Section 34 and Section 47.

Which section of Singapore's Competition Act is primarily concerned with 'anti-competitive agreements'?

Schedule 4 of the Competition Act provides exclusions applicable to both behavioural and structural prohibitions.

Explain how the 'public interest approach' might be considered in the enforcement of competition law in Singapore.

______ prohibitions under Singapore’s Competition Act primarily relate to merger control.

Match the term with its description in the context of competition law:

Which schedule of the Competition Act would you consult to find exclusions specifically related to merger control prohibitions?

Consumer welfare approach is the only enforcement priority considered under Singapore's competition law regime.