Singapore is pro-business and requires minimum “red-tape” to open a business. Singapore is the easiest place in the world to set up and manage a business and become a one-stop center for business seeking to protect their IP. The country has very strong copyright, trademark and patent laws. The competition Commission of Singapore (CCS) is tasked with enforcing the Competition Act. Among other things, the act prohibits unfair or abusive pricing practices and aims to preserve competition in the market place. Certain other agencies may set prices controls in certain sectors.