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[This is a letter forwarded to us by a reader. She has sent this letter to Competition Commission Singapore. ] Competition Commission Singapore is a Stat Board under Ministry of Trade & Industry with its mission to "To eliminate or control practices having adverse effect on competition in Singapore and to promote and sustain competition in markets in Singapore"
Competition Commission Singapore is a waste of public funds
Competition Commission Singapore,
I refer to the following article:
http://mypaper.sg/top-stories/cinemas-raise-prices-weekend-screenings-20140606
All four cinema chains have raised their ticket prices in unison. Although the cinemas do not have a government agency to look after them, the cinemas behaved as if they were transport companies acting under the Public Transport Council's Fare Review Committee where prices go up together!
The cinemas' have colluded together in price fixing which put consumers like us at a disadvantage. What is the point of having more players to compete in the market when all of them can gang up, increase prices and Singaporeans are unable to do anything about it?
Let's recap some other instances where organizations acted together but Singaporeans have no choice but to quietly accepted the changes: Education: http://www.channelnewsasia.com/news/singapore/tuition-fee-hike-at-four/1043472.html (Tuition fee hike at four varsities; polys, ITE to follow)
How come one Uni raise fees, the others Unis follow? Even sub-standard tertiaries such as SIM has no choice but to follow the rest.
Competition Commission Singapore, are you doing your job. I think you are not. Why are you all wasting tax payers' monies?
Why not you all go sack yourself?
Lin Yiping
