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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


ASEAN Competition Conference to be held in 2021
24/06/2021

JAKARTA, 24 June 2021 - The 9th ASEAN Competition Conference (ACC) will be held from 1-2 December in Hanoi, Viet Nam with the theme “Safeguarding competition - A post pandemic response of ASEAN competition authorities.”

Read More
Competition Law dialogue with Wet Market Vendors
17/06/2021

A fair competitive market will provide businesses, regardless of scale, with more opportunities to grow. Awareness and compliance of the Competition Order by businesses are instrumental in achieving a fair market which can benefit businesses in the long run and enhance consumer welfare. This was highlighted by the Executive Secretariat of the Competition Commission Brunei Darussalam (CCBD) in a recent dialogue with vendors from the wet market.

Read More
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

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


ASEAN Competition Conference to be held in 2021

June 24, 2021

JAKARTA, 24 June 2021 - The 9th ASEAN Competition Conference (ACC) will be held from 1-2 December in Hanoi, Viet Nam with the theme “Safeguarding competition - A post pandemic response of ASEAN competition authorities.”

Read More

Competition Law dialogue with Wet Market Vendors

June 17, 2021

A fair competitive market will provide businesses, regardless of scale, with more opportunities to grow. Awareness and compliance of the Competition Order by businesses are instrumental in achieving a fair market which can benefit businesses in the long run and enhance consumer welfare. This was highlighted by the Executive Secretariat of the Competition Commission Brunei Darussalam (CCBD) in a recent dialogue with vendors from the wet market.

Read More
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

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