| | Vision |
| | | Efficient market and enhanced consumer welfare |
| | | |
| | Mission |
| | | Competition
Developing a more efficient market through deterring anti-competitive conducts and fostering competition
Consumer Protection
Promoting sustainable consumption through deterring unethical and unfair business conducts
Price Control
Setting price limits of selected essential goods specified in the law to maintain affordability |
| | | |
| | Functions |
| | | - Enforcing:
(i) the Competition Order, 2015
(ii) the Consumer Protection (Fair Trading) Order, 2011
(iii) the Price Control Act, Chapter 142
- Serves as the Executive Secretariat to the Competition Commission of Brunei Darussalam (CCBD)
- Promoting competition and consumer protection to nurture efficient and vibrant markets in Brunei Darussalam
- Cooperating with relevant stakeholders to coordinate national competition and consumer policies
- Developing
and implementing awareness and education programmes on competition and
consumer affairs matters, covering both consumer
protection and price
control
- Handling relevant consumer complaints
- Focal coordinating
agency for Brunei Darussalam's involvement in international and regional
competition and consumer protection matters
- Controlling and monitoring prices of selected essential goods
- Promoting
ethical business conducts through monitoring cheap sales and promotions
activities, as well as ensuring display of prices
|
| | | |
| | Strategic Goals
|
| | | - Efficient markets in Brunei Darussalam
- Smart, empowered consumers |
| | | |
| | Strategies |
| | | - Ensure an effective legal framework
- Increase awareness and education on competition and consumer protection law
- Effective enforcement of Competition Order 2015, Consumer Protection (Fair Trading) Order 2011 and Price Control Act
- Conduct market studies
- Enhance institutional capacity and internal processes
|
