Impact of Market Players' Anti-competitive Behaviours on High Food Prices
Parliament of Singapore · 23 February 2023
Official Report, 23 February 2023, Vol 95, Issue 85 · Open in the reader (summaries, search, filters)
Mr Leong Mun Wai asked the Minister for Trade and Industry whether anti-competitive behaviours by market players are factors contributing to continuing high prices of food such as chicken, pork and seafood.
Mr Gan Kim Yong: The Competition and Consumer Commission of Singapore (CCCS) conducts market surveillance and reviews all feedback on suspected anti-competitive behaviour. There has been no evidence of anti-competitive conduct in relation to food items such as chicken, pork and seafood.
Members of the public who are aware of anti-competitive activity are encouraged to provide the information to CCCS. CCCS will not hesitate to take enforcement action against anti-competitive practices.
Source: Singapore Parliament Official Report (Hansard) for 23 February 2023. Republished on SGParliament.