CCS seeks public feedback on Zenith’s proposed NatSteel acquisition

It is inviting views on the transaction’s potential impact on market competition.

The Competition and Consumer Commission (CCS) is seeking public feedback on the proposed acquisition of NatSteel Holdings Pte. Ltd. by Zenith Steel (Singapore) Pte. Ltd.

The companies submitted an application to CCS on 15 September asking whether the acquisition would infringe Section 54 of the Competition Act 2004.

The two parties are in the business of processing and distributing steel products in Singapore.

CCS is inviting consultation on how the transaction could affect competition in the relevant markets starting from 21 September to 2 October, 5 PM.

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Competition and Consumer Commission of Singapore

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