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Written reply to PQ on Continuing High Prices of Food

Written reply to PQ on Continuing High Prices of Food

Question

 

Mr Leong Mun Wai: To ask the Minister for Trade and Industry whether anti-competitive behaviours by market players are factors contributing to continuing high prices of food such as chicken, pork and seafood.

 

Written Answer by Minister for Trade and Industry Gan Kim Yong

 

1. The Competition and Consumer Commission of Singapore (CCCS) conducts market surveillance and reviews all feedback on suspected anti-competitive behaviour. There has been no evidence of anti-competitive conduct in relation to food items such as chicken, pork and seafood.

 

2. Members of the public who are aware of anti-competitive activity are encouraged to provide the information to CCCS. CCCS will not hesitate to take enforcement action against anti-competitive practices.

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