The Competition Commission of Brunei Darussalam (CCBD) has launched an official website, which served as a platform for people to learn more about the Competition Order.
The website is especially complementary to the new law, with CCBD now enforcing the first phase of the order which prohibits businesses from making anti-competitive agreements.
The website features practical information on conducts prohibited under anti-competitive agreements and its related guidelines, including compliant procedures and how businesses can play a role in breaking up a cartel.
The website also offered resource materials and updates on activities including dialogues for members of the public and the business community.
One of the key contents posted on the website includes a guideline for the public to submit their complaints on any suspected contraventions of the law to the CCBD.
CCBD in a statement said it is accepting complaints related to anti-competitive agreements such as bid-rigging (collusive tendering), price-fixing, market sharing, and supply control – but it also has the discretion to decide if a prompt investigation is needed after receiving the complaint.
It added that this may also depend on its assessment of the implications on the competitiveness of the market and the interest of the public.
“It is important to note that the CCBD does not act on behalf of complainants; rather it serves to protect the competition process in the market. The Guidelines on Complaint Procedures, which can be found in the website, describes the manner and form in which complaints may be made to the CCBD,” the commission said.
The guideline, it added, also incorporates information on the processes the CCBD will use for determining what action to take in relation to a complaint.
Further information can be obtained via its website at www.ccbd.gov.bn. Any queries can also be directed to its email at firstname.lastname@example.org or 2233344 ext 230, 343 and 341. – Waqiuddin Rajak
The Bruneian | BANDAR SERI BEGAWAN