MAFS, MyCC general study on industry found no anti-competitive practices, says deputy minister

KUALA LUMPUR, July 8 — The Malaysia Competition Commission (MyCC) has imposed a penalty of RM2.98 million on three companies involved in a bid-rigging cartel for maintenance work tenders.

KUALA LUMPUR, July 2 — The Competition Act 2010 applies to any commercial activity within Malaysia, but the Act does not apply to commercial activities of four sectors, of which the telecommunications and multimedia sector is one of them, said the Malaysia Competition Commission (MyCC).

KUALA LUMPUR, June 23 — Efforts are being made to amend the Competition Act 2010 to make the country’s competition laws more comprehensive and bring them in line with international practices, said Datuk Seri Ismail Sabri Yaakob.

KUALA LUMPUR, May 26 — The Malaysian Competition Commission (MyCC) has launched an online public consultation session until May 27, to seek the views and feedback of the public and stakeholders on the proposed amendments to the Competition Act 2010.

KUALA LUMPUR, April 26 — The Malaysia Competition Commission (MyCC) has embarked on an amendment exercise for the Competition Act 2010 a has launched an online public consultation to invite the public and relevant stakeholders to provide their opinions, views, inputs and feedback on the proposed amendment.

PUTRAJAYA, March 31 — The Malaysian Competition Commission (MyCC) has initiated the process to amend the Competition Act 2010 to give it the power to control mergers and acquisitions of companies.