Singapore’s Competition and Consumer Commission (CCS) has issued a warning to HelloBikeSG following an investigation into potential anti-competitive behavior. The investigation was launched after Anywheel lodged a complaint alleging HelloBikeSG attempted to initiate discussions regarding pricing with its rival. Specifically, concerns were raised about potential breaches of the Competition Act related to possible price fixing. While the CCS did not disclose specific details of the alleged attempts, the warning indicates a serious concern about maintaining a competitive market. The CCS emphasized the importance of independent pricing decisions by businesses. This action serves as a reminder to all players in the shared bicycle market–and beyond–to adhere to competition laws. Further details about the investigation and the CCS’s findings have not been publicly released.

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