17 accused of fixing prices of bus tickets
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SIXTEEN companies and a business association have been called to account for allegedly fixing the prices of express bus tickets from Singapore to Malaysian destinations, from 2006 to 2008.
The Competition Commission of Singapore (CCS) yesterday issued a Proposed Infringement Decision against the Express Bus Agencies Association and the firms, which now have six weeks to present their own arguments.
“Price-fixing is considered a serious infringement of the Competition Act. When businesses collude to fix prices, they are in fact agreeing to stop competing and gain financially at the expense of the customers. The CCS takes a serious view of such harmful anti-competitive practices,” said a commission spokesperson.
The proposed decision is a written notice setting out the facts and reasons for the CCS’ assessment. Parties can then argue their case and submit information they wish the statutory board to consider.
Because the CCS has not yet finalised its decision, it did not release details of the case for now.
The 16 firms are Alisan, Enjoy Holiday Tour, Five Stars Tours, GR Travel, Grassland Express and Tours, Gunung Raya Travel, Konsortium Express and Tours, Lapan Lapan Travel, Luxury Tours and Travel, Nam Ho Travel Service (Singapore), Regent Star Travel, Sri Maju Tours and Travel, T and L Tours, Transtar Travel, Travelzone Network Services and WTS Travel and Tours.http://www.todayonline.com/Singapore/EDC090617-0000075/17-accused-of-fixing-prices-of-bus-tickets
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wish i not being affected...
i TMR going genting... sian...
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Originally posted by tranquilice:
The 16 firms are Alisan, Enjoy Holiday Tour, Five Stars Tours, GR Travel, Grassland Express and Tours, Gunung Raya Travel, Konsortium Express and Tours, Lapan Lapan Travel, Luxury Tours and Travel, Nam Ho Travel Service (Singapore), Regent Star Travel, Sri Maju Tours and Travel, T and L Tours, Transtar Travel, Travelzone Network Services and WTS Travel and Tours.
Which basically means most of the long distance bus companies.
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i didnt c anything wrong with e price when i booked my ticket to KL
