Competition Law in Singapore: Why Compliance Training Matters 

Fair competition is vital for a productive and transparent marketplace. In Singapore, the Competition Act (Cap. 50B) sets out clear rules designed to prevent businesses from engaging in anti-competitive behaviour that could harm consumers and distort the market. 

Understanding these regulations and applying them can be complex. That’s why competition law training is essential not just for compliance officers, but for anyone involved in commercial decisions. 

The Challenge 

Singapore’s Competition Act prohibits agreements or practices that restrict, distort, or prevent competition.  

Breaching the Act can lead to severe outcomes, including: 

• Heavy penalties  
• Legal and reputational risks 
• Loss of customer and stakeholder trust 

Embedding fair competition principles into everyday decision-making is key to maintaining both integrity and public confidence. 

Why It Matters 

Training equips employees to recognise and manage the risks associated with anti-competitive conduct. 

GRC Solutions’ Competition Law (Singapore) course helps participants: 

• Understand the key provisions of the Singapore Competition Act 
• Identify anti-competitive behaviours such as price-fixing or market sharing 
• Comply confidently with legal and ethical standards 
• Promote transparency and accountability across business operations 

This knowledge enables teams to act responsibly and confidently, reducing the risk of costly compliance breaches. 

A Practical and Accessible Learning Solution 

Delivered through the Salt Learning Management System, or your incumbent LMS, the course offers engaging, self-paced modules that make complex legal concepts easy to understand. 

Learners gain practical insights through case studies and scenarios relevant to the Singaporean market. 

It’s suitable for: 

• Senior management and directors 
• Sales and procurement teams 
• Legal, compliance, and risk professionals 
• Anyone involved in market-facing roles or commercial negotiations 

Whether your organisation operates locally or regionally, this training ensures that your staff are prepared to act ethically, reduce risk exposure, and uphold fair trading standards. 

Building a Culture of Compliance 

Fair competition is not just a regulatory obligation, it’s a cornerstone of sustainable business. By investing in compliance education, organisations reinforce their reputation for integrity and strengthen relationships with stakeholders. 

Equip your team with the knowledge to understand, comply, and compete fairly 

👉 Learn more about the Competition Law (Singapore) course and discover how GRC Solutions can help your organisation stay compliant and competitive.