CCS’s Fast Track Procedure Guidelines to Efficient and Effective Resolution of Infringements
1. Starting 1 July 2026, the Competition and Consumer Commission of Singapore (“CCS”) will introduce the Guidelines on the Fast Track Procedure (“Fast Track Procedure Guidelines”)[1]. Published today, the Fast Track Procedure Guidelines follow from a review of the CCS Practice Statement on the Fast Track Procedure (“Fast Track Practice Statement”) and set out a streamlined fast track procedure for resolving investigations more efficiently.
2. The revised Fast Track Procedure facilitates the resolution of investigations into infringements of sections 34 or 47 of the Competition Act 2004 benefiting both businesses and CCS administratively. For businesses, it not only reduces business costs, but also provides a clear and expedient path to closure, allowing them to reduce operational uncertainty and management time needed to address CCS’s findings. Administratively, it provides procedural efficiencies and resource savings for all.
3. The Fast Track Procedure Guidelines introduce a higher discount for businesses that successfully resolve infringements under the Fast Track Procedure (“Fast Track Discount”) and also streamlines the application and approval process. Key amendments include:
a. A revised Fast Track Discount of up to 30%;[2]
b. Clearer guidance on the submissions that businesses may make on CCS’s proposed infringement decisions. Businesses that wish to make more extensive submissions retain the option to revert to the non-Fast Track investigatory procedure; and
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Read the original at the source: https://www.ccs.gov.sg/media-and-events/newsroom/announcements-and-media-releases/ccs-s-fast-track-procedure-guidelines-to-efficient-and-effective-resolution-of-infringements
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- October 03, 2026 20:42
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urn:isomer:resource:307772