CCS fines 16 Singapore coach operators $1.7 million

Most bus travellers to Malaysia would certainly applaud the action taken by the Competition Commission of Singapore (CCS) against 16 coach operators for price-fixing.

I recall asking them why the need for fuel surcharge when the price of oil had gone down dramatically they replied, “True, that’s why we charge you less now.” (Their buses use only subsidised fuel in Malaysia.)

The $17 million fine will deter other businesses from hoodwinking the public.

CCS should now be zeroing in on the coffee shops to determine if they too are guilty of any price-fixing with regards to coffee/tea prices.

Even if it’s 10 cents, price-fixing is still illegal.

Well done, CCS!

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