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16 Dec 2019 - Law against anti-competitive agreements to come into force from 1 January 2020

‚ÄčThe Competition Commission Brunei Darussalam (CCBD) will enforce the first key prohibition of the Competition Order, the anti-competitive agreements, also known as cartels, beginning 1 January 2020. Anti-competitive agreements are agreements made between two or more businesses involving price fixing, market sharing, supply control or bid rigging. These agreements will be treated as per se illegal due to their detrimental effects when businesses act together, leaving consumers with less or no choice to choose from, in the market.

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Competititon Law Series PART 1:    English & Malay