18 May '11, 6am

(CNA|sg|biz) 11 modelling agencies found to have engaged in price-fixing

(CNA|sg|biz) 11 modelling agencies found to have engaged in price-fixing

SINGAPORE: The Competition Commission of Singapore (CCS) has found 11 modelling agencies to have engaged in anti-competitive practices. The eleven include Ave Management, Bees Work Casting and Mannequin Studio. List of Modelling Agencies: 1) Ave Management Pte Ltd 2) Bees Work Casting Pte Ltd 3) Catworkz International Pte Ltd 4) Diva Models (S) Pte Ltd 5) Electra Management 6) Impact Models Studio 7) Linsan Models 8) Looque Models Singapore Pte Ltd 9) Mannequin Studio Pte Ltd 10) Phantom Management Pte Ltd 11) Quest Model Management CCS said the 11 modelling agencies were found to have coordinated and collectively raised rates for a wide range of modelling services in Singapore. This is a contravention of Section 34 of the Competition Act. CCS says it has issued a Proposed Infringement Decision (PID) against the 11 modelling agencies. The PID is a written notice setting ou...

Full article: http://www.channelnewsasia.com/stories/singaporebusinessn...

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