BANDAR SERI BEGAWAN: The Competition Commission of Brunei Darussalam (CCBD) has announced the enforcement of Section 21 and Section 23 of the Competition Act, which relate to the prohibitions of abuse of dominant position and anti-competitive mergers.
The Competition Act is an Act to promote and protect competition in markets in Brunei. It also aims to promote economic efficiency, economic development and consumer welfare. These objectives are central to fostering a pro-business environment and a resilient economy, and are aligned with the broader aspirations of Brunei Vision 2035, which envisions a dynamic and sustainable economy that offers a high quality of life for all.
