What happens to the fines collected by the CCCS?

Competition and Consumer Commission of Singapore

Close to a month ago, I noticed these two stories about the Competition and Consumer Commission of Singapore (CCCS) published in The Straits Times on consecutive days:

From these two stories alone, the CCCS stands to collect some $39 million worth of fines from the firms mentioned.

And that’s after subtracting the whistle-blower’s reward mentioned in the chicken cartel story!

I sent an e-mail message to the two journalists whose bylines were on those stories asking them if it might be possible to do a story on the following:

  • On average, how much does the CCCS collect, in fines, each year?
  • What happens to the fines collected by the CCCS?

I thought it’d be in the public interest to understand how – and how much – monies collected by the CCCS are eventually returned to Singaporean consumers.

Unfortunately, I haven’t seen any follow-up stories on those two questions yet, on any media platform.

I thought I’d share my curiosity with everyone else, in case some other media outlet might be able to provide some answers to my questions.

About the author

Laremy Lee

A versatile educator, writer and editor, Laremy Lee (李庭辉) has the uncanny knack of being one of the few among his generation in Singapore who crafts compelling stories in different genres.

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