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BRIEF-Competition And Consumer Commission Of Singapore Consults On Proposed Cooperation

Reuters SG

March 13 (Reuters) -

Competition And Consumer Commission Of Singapore:

* COMPETITION AND CONSUMER COMMISSION OF SINGAPORE - CONSULTS ON PROPOSED COOPERATION BETWEEN SINGAPORE AIRLINES AND PT GARUDA INDONESIA (PERSERO)

* ACCEPTED A JOINT APPLICATION FOR DECISION FROM SIA AND GA ON PROPOSED COOPERATION ON 19 FEB

* CCCS IS NOW ASSESSING WHETHER THE PROPOSED COOPERATION WOULD INFRINGE SECTION 34 OF THE COMPETITION ACT 2004

* PROPOSED COOPERATION BETWEEN SIA AND GARUDA INDONESIA COMPRISES A COMMERCIAL COOPERATION FRAMEWORK AGREEMENT

* PARTIES SUBMITTED THAT PROPOSED COOPERATION EXPECTED TO RESULT IN SIGNIFICANT CONSUMER AND ECONOMIC BENEFITS Further company coverage: