(Bandar Seri Begawan, 13th) The Competition Commission of Brunei Darussalam (CCBD), through its Executive Secretariat, held a promotional seminar on the Competition Order (Chapter 253) for Brunei Fertilizer Industries Sdn Bhd (BFI) on May 26, 2026, as part of its ongoing engagement with major local industries.
A total of over 30 employees from BFI’s marketing, supply chain management, and procurement departments attended the seminar. This reflects the Competition Commission's continuous efforts to enhance legal awareness in the manufacturing and downstream industries to ensure the market operates fairly and efficiently.
Officials from the CCBD Executive Secretariat explained the main contents of the Competition Order (Chapter 253), including three key prohibitions: anti-competitive agreements, abuse of dominant market position, and mergers that substantially lessen competition.
The seminar also discussed a range of practical compliance issues relevant to industrial enterprises, including information exchange among competitors, vertical supply arrangements, and potential risky behaviors by enterprises with a dominant market position.
The authorities emphasized that compliance with the Competition Order is a joint responsibility of regulatory bodies and the business community, and reiterated that the Competition Commission will continue working with industries to foster a compliance culture that supports long-term competitiveness and innovation.
The session also introduced the Commission's leniency mechanism. Any individual or entity engaged in economic activities that provides information related to cartel behavior, and meets the conditions set out in the Leniency Guidelines, may receive immunity from or reduction of fines.
Participants were also advised to refer to relevant guidelines published on the Competition Commission’s official website to further understand the application and enforcement of the Competition Order.
The Competition Commission stated it will continue to promote the concept of fair competition and is committed to building a robust compliance environment in Brunei to support Wawasan Brunei 2035, aiming for a dynamic and sustainable economy.
Officials from the CCBD Executive Secretariat explained the main contents of the Competition Order (Chapter 253), including three key prohibitions: anti-competitive agreements, abuse of dominant market position, and mergers that substantially lessen competition.
The seminar also discussed a range of practical compliance issues relevant to industrial enterprises, including information exchange among competitors, vertical supply arrangements, and potential risky behaviors by enterprises with a dominant market position.
The authorities emphasized that compliance with the Competition Order is a joint responsibility of regulatory bodies and the business community, and reiterated that the Competition Commission will continue working with industries to foster a compliance culture that supports long-term competitiveness and innovation.
The session also introduced the Commission's leniency mechanism. Any individual or entity engaged in economic activities that provides information related to cartel behavior, and meets the conditions set out in the Leniency Guidelines, may receive immunity from or reduction of fines.
Participants were also advised to refer to relevant guidelines published on the Competition Commission’s official website to further understand the application and enforcement of the Competition Order.
The Competition Commission stated it will continue to promote the concept of fair competition and is committed to building a robust compliance environment in Brunei to support Wawasan Brunei 2035, aiming for a dynamic and sustainable economy.