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PROMOTING BUSINESS OPPORTUNITIES AND CONSUMER CHOICE



Increases consumer choices



Provides good value for money



Improves quality and services



Promotes market efficiency



Encourages productivity



Spurs innovation

OBJECTIVES OF COMPETITION ORDER


KEY PROHIBITIONS

 




Anti-Competitive Agreements

Section 11

Agreements between businesses, which have the object or effect of preventing, distorting or restricting competition





Abuse of Dominant Position

Section 21

Business with substantial market power engages in conducts that prevent or hamper others from competing in the market





Anti-Competitive Mergers

Section 23

Mergers, which have resulted, or expected to result, in a substantial lessening of competition in the market

 

ANTI-COMPETITIVE AGREEMENTS

Enforcement date: 1 January 2020





Price Fixing

Agreements to fix prices of goods or services instead of competing for the best value for money





Market Sharing

Agreements to divide up market by the type of goods or services, or by geographical area





Supply Limitation

Agreements to limit the quantity of goods or services to create artificial shortage in the market





Bid Rigging

Agreements between bidders or potential bidders that limit or reduce competition in a tender process

NEWS AND HIGHLIGHTS


http://ccbd.gov.bn/Images1/News%20Images/CCBD%20courtesy%20of%20BB.jpg
Price control is not a long-term solution
19/03/2021

There may be benefits to price control in times of crisis, but it cannot be imposed forever, said Minister at the Prime Minister’s Office and Minister of Finance and Economy II Yang Berhormat Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah, during the 17th Legislative Council (LegCo) session yesterday.

Read More
http://ccbd.gov.bn/Images1/News%20Images/2021/March/12032021/Picture%202%20(1).jpeg
CCBD commends RCED for the initiative to learn about Competition Order
12/03/2021

Parallel import is not an infringement of the Competition Order. The objective of the Competition Order is to encourage more players to enter the market, as competition among players encourages innovative business ideas and more choices of goods at more competitive pricing, which in turn benefits consumers.

Read More
http://ccbd.gov.bn/Images1/News%20Images/2021/February/15022021/oecd-pr11.jpeg
Pro-Competition Reforms in Brunei Darussalam’s Logistics Sector can Help Economic Diversification
15/02/2021

Pro-competition laws and regulations can contribute to an efficient functioning of logistics sector in Brunei Darussalam in supporting the country's efforts to diversify the economy towards a sustainable economic growth in the long-run. 

Read More

LODGE COMPLAINT

Notice any anti-competitive behaviour in the market? 


 
 

CONTACT US



Executive Secretariat
Competition Commission Brunei Darussalam, 
Level 3, West Wing,
Block 2A (JPES Building),
Jalan Ong Sum Ping,
Bandar Seri Begawan, BA1311, Negara Brunei Darussalam

brunei.competition@jpes.gov.bn

+673 2233344 ext 230 or 341 or 343

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PROMOTING BUSINESS OPPORTUNITIES AND CONSUMER CHOICE

 




Increases consumer choice





Incentives to provide good value for money





Improves quality and services





Promotes market efficiency





Encourages Productivity





Spurs innovation

 

OBJECTIVES OF COMPETITION ORDER

KEY PROHIBITIONS

 




Anti-Competitive Agreements

Section 11

Agreements between businesses, which have the object or effect of preventing, distorting or restricting competition





Abuse of Dominant Position

Section 21

Business with substantial market power engages in conducts that prevent or hamper others from competing in the market





Anti-Competitive Mergers

Section 23

Mergers, which have resulted, or expected to result, in a substantial lessening of competition in the market

 

ANTI-COMPETITIVE AGREEMENTS

Enforcement date: 

1 January 2020




Price Fixing

Agreements to fix prices of goods or services instead of competing for the best value for money





Market Sharing

Agreements to divide up market by the type of goods or services, or by geographical area





Supply Limitation

Agreements to limit the quantity of goods or services to create artificial shortage in the market





Bid Rigging

Agreements between bidders or potential bidders that limit or reduce competition in a tender process

COMPETITION COMMISSION BRUNEI DARUSSALAM

NEWS AND HIGHLIGHTS


http://ccbd.gov.bn/Images1/News%20Images/CCBD%20courtesy%20of%20BB.jpg

Price control is not a long-term solution

March 19, 2021

There may be benefits to price control in times of crisis, but it cannot be imposed forever, said Minister at the Prime Minister’s Office and Minister of Finance and Economy II Yang Berhormat Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah, during the 17th Legislative Council (LegCo) session yesterday.

Read More
http://ccbd.gov.bn/Images1/News%20Images/2021/March/12032021/Picture%202%20(1).jpeg

CCBD commends RCED for the initiative to learn about Competition Order

March 12, 2021

Parallel import is not an infringement of the Competition Order. The objective of the Competition Order is to encourage more players to enter the market, as competition among players encourages innovative business ideas and more choices of goods at more competitive pricing, which in turn benefits consumers.

Read More
http://ccbd.gov.bn/Images1/News%20Images/2021/February/15022021/oecd-pr11.jpeg

Pro-Competition Reforms in Brunei Darussalam’s Logistics Sector can Help Economic Diversification

February 15, 2021

Pro-competition laws and regulations can contribute to an efficient functioning of logistics sector in Brunei Darussalam in supporting the country's efforts to diversify the economy towards a sustainable economic growth in the long-run. 

Read More

LODGE COMPLAINT



Notice any anti-competitive behaviour in the market? 


CONTACT US


Executive Secretariat
Competition Commission Brunei Darussalam, 
Level 3, West Wing,
Block 2A (JPES Building),
Jalan Ong Sum Ping,
Bandar Seri Begawan, BA1311, 
Negara Brunei Darussalam

brunei.competition@jpes.gov.bn

+673 2233344 ext 230 or 341 or 343