26 Sep '11, 3am

Potential 'landmark' case to be heard today as Sistic appeals against $989k fine by Competition Commision of Singapore

Potential 'landmark' case to be heard today as Sistic appeals against $989k fine by Competition Commision of Singapore

Ticketing agent Sistic is appealing against a $989,000 fine slapped on it by the Competition Commission of Singapore (CCS) last year. -- ST PHOTO: STEVEN LEE CT By Jessica Lim A potential landmark case will be heard in the High Court on Monday. Ticketing agent Sistic is appealing against a $989,000 fine slapped on it by the Competition Commission of Singapore (CCS) last year. Back then, CCS ruled that Sistic had abused its dominant position in the ticketing industry to block other firms from competing, and harmed consumer interests in the process. A panel from the Competition Appeal Board - an independent body comprising members appointed by the Ministry of Trade and Industry - will hear the appeal. The chairman of the appeal board is retired Supreme Court judge Thean Lip Ping. The week-long hearing will involve the cross-examination of witnesses. Please enable JavaScript ...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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