27 September 2018
On 30 August 2018, the Competition and Consumer Commission of Singapore (“CCCS”) and Indonesia’s Commission for the Supervision of Business Competition (“KPPU”) signed a Memorandum of Understanding (“MoU”) to facilitate cooperation on competition enforcement between CCCS and KPPU through the establishment of a framework for cooperation. The MoU will encourage notification of enforcement activities that potentially affect one party’s interests and facilitate the exchange of information between CCCS and KPPU. The MoU will also enhance enforcement coordination for cases of mutual interest. The signing of the MoU signifies the strengthening of the current long-standing relationship between both competition authorities.
This is the first MoU on enforcement cooperation of competition law between CCCS and an ASEAN competition authority, but the second agreement to increase enforcement cooperation with a foreign competition authority. On 22 June 2017, CCCS had formalised the first cooperation agreement between CCCS and a foreign competition authority by concluding a Memorandum of Cooperation with the Japan Fair Trade Commission (“JFTC”) to increase cross-border enforcement cooperation between CCS (now CCCS) and JFTC of their competition laws.
The following materials are available on the CCCS website www.cccs.gov.sg: