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Why isn't it a competition between 2 rail operators?

FACTSHEET: DOWNTOWN LINE 3 TO OPEN ON 21 OCTOBER 2017
https://www.lta.gov.sg/apps/news/page.aspx?c=2&id=5c4e424c-1a46-44cb-92d0-212e37a2b6df

Extended section of Downtown Line runs parallel with East-West Line. While East-West Line was constructed as a part of SMRT, Downtown Line has been constructed as a part of SBS Transit.
So, I wonder if there is a competition of getting more passengers between SMRT and SBS Transit in Downtown-Tampanies Section.