AIC Submits Comments to the Competition and Consumer Commission of Singapore (“CCCS”) on Price Transparency Guidelines (Oct 2019)

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The Asia Internet Coalition (AIC) has submitted comments on the Consultation Paper on Proposed guidelines on the Price Transparency (“Draft Guidelines”) to the Competition and Consumer Commission of Singapore (“CCCS”). We welcome the CCCS’ intention to publish guidelines on price transparency, providing guidance on recommended practice across all industries and to the benefit of Singaporean consumers regardless of who they are transacting with. As a consumer-facing business, we take our consumer law compliance obligations very seriously. We believe that greater clarity in the guidelines will enable more certainty for businesses in complying with the Consumer Protection (Fair Trading) Act (“CPFTA”) and will help to protect a level playing field between traders by encouraging a fair, consistent and competitive process under which traders can innovate and compete with one another.