Melvin Yong on Competition (Amendment) Bill
The proposed amendments will effectively consolidate the enforcement of consumer protection issues under the Competition and Consumer Commission of Singapore (CCCS), said MP Melvin Yong. It is important to give CCCS greater administrative powers to strengthen its ability to enforce against unfair trade practices, he said in parliament on Tuesday (Apr 8). He urged the government to give CCCS the ability to impose financial penalties on errant businesses without having to first obtain an injunction order from the Courts, as well as provide it with greater enforcement powers.
The proposed amendments will effectively consolidate the enforcement of consumer protection issues under the Competition and Consumer Commission of Singapore (CCCS), said MP Melvin Yong. It is important to give CCCS greater administrative powers to strengthen its ability to enforce against unfair trade practices, he said in parliament on Tuesday (Apr 8). He urged the government to give CCCS the ability to impose financial penalties on errant businesses without having to first obtain an injunction order from the Courts, as well as provide it with greater enforcement powers.
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