Jul
31
9:36 PM
Monopoly of bus services in Singapore
If bus operators of Singapore-Malaysia long haul private bus services can be charged with price fixing, then how about the monopolistic nature of the single bus operator (SBS bus) in Singapore? Is it worst than price fixing, since there is no competitor and they are free to raise prices as and when they like.
See link below.
channelnewsasia.com - 16 bus operators fined for price fixing on express fares to Malaysia
