Singapore decision guideline

Decision Guidelines : Competition Policy

Singapore does not maintain competition laws but depends on its free and open market to ensure a competitive environment in the domestic economy. For services which the Government has traditionally been the sole provider, the Singapore Government has commenced a programme of corporatization and privatization to subject the provision of such services to competition and market discipline.

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Singapore will:

continue to maintain its free and open market to ensure a competitive environment in the domestic economy;

for services which the Government has traditionally provided, continue to review and introduce competition through privatization where appropriate; and

continue to participate in competition policy dialogues among APEC economies to enhance mutual understanding of competition policy and laws.