CCCS seeks feedback on City Energy’s acquisition of Tan Soon Huah Gas Supply’s LPG business

The commission is studying whether the deal will infringe section 54 of the Competition Act 2004.

The Competition and Consumer Commission of Singapore (CCCS) has invited the public to provide feedback on City Energy's acquisition of Tan Soon Huah Gas Supply’s (TSH) Liquefied Petroleum Gas (LPG) business.

The commission is studying whether the acquisition would infringe section 54 of the Competition Act 2004, which prohibits mergers that have resulted or may result, in a substantial lessening of competition within any market in Singapore.

City Energy said that whilst it and TSH are suppliers to residential, commercial, and industrial customers in Singapore, the latter is not active in the town gas, natural gas or electricity business.

City Energy added that the proposed transaction will not result in a substantial lessening of competition in Singapore because of the following reasons:

The presence of strong LPG, natural gas and electricity competitors in the relevant markets will impose competitive constraints on the merged entity;
There are no significant barriers to entry into the relevant markets (except town gas) and therefore potential entrants are likely to be able to enter relatively quickly on a material scale;
Customers can switch easily between suppliers in the relevant markets due to the low cost and time required to do so;

The public can provide feedback on the proposed acquisition from 8 June to 21 June, 5 p.m.

Follow the link for more news on

Competition and Consumer Commission of Singapore

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia