KUALA LUMPUR, Jan 9 (Bernama) — The Malaysia Competition Commission (MyCC) and the Muslim Consumers Association of Malaysia (Persatuan Pengguna Islam Malaysia or PPIM) will collaborate to combat price fixing by any association. MyCC Chief Executive Officer Dr Mohd Khalid Abdul Samad said while …
Read More »Business : MyCC Hosts Meeting Of The Special Committee On Competition
MyCC Chairman Tan Sri Siti Norma YaakobKUALA LUMPUR, Dec 11 (Bernama) — The Special Committee on Competition, spearheaded by the Malaysia Competition Commission (MyCC), recently convened for a second time to discuss various competition issues cutting across sector regulators. The meeting follo …
Read More »General : Outcome Of MAS, Airasia Appeal Case To Be Known In March 2015 – MyCC
KUCHING, Nov 4(Bernama) — The decision on the Malaysia Airlines (MAS) and AirAsia Bhd’s appeal to the Competition Appeals Tribunal (CAT) over breach of the market-sharing prohibition in the Competition Act 2010 will be known in March 2015. The Malaysia Competition Commission (MyCC) had l …
Read More »Business : MyCC Finalises Guidelines On Leniency Regime & Financial Penalties
KUALA LUMPUR, Oct 16 (Bernama) — The Malaysia Competition Commission (MyCC) has finalised and published its Guidelines on Leniency Regime and Financial Penalties after a nationwide public consultation earlier this year. In a statement here Thursday, the commission said both guidelines were bas …
Read More »Business : MyCC Reiterates Warning Against School Bus Fare Price Fixing
KUALA LUMPUR, Oct 13 (Bernama) — The Malaysia Competition Commission (MyCC) today reiterated its warning that school bus operators are to independently decide on fares and not fix the structure together, as such behavior is against Section 4 of the Competition Act 2010. In a statement, Chairma …
Read More »Business : MyCC Accepts Undertakings From Logistics Service Providers
KUALA LUMPUR, Oct 7 (Bernama) — The Malaysia Competition Commission (MyCC) recently accepted undertakings in accordance with Section 43 of the Competition Act 2010 from Giga Shipping Sdn Bhd and Nexus Mega Carriers Sdn Bhd. The undertakings are in relation to exclusive agreements between the t …
Read More »Business : MyCC Imposes Financial Penalty On Confection, Bakery Products Producers For Price Fixing
KUALA LUMPUR, Sept 30 (Bernama) — The Malaysia Competition Commission (MyCC) today issued a proposed decision in relation to a price fixing agreement between 24 enterprises which are members of the Sibu Confectionery and Bakery Association (SCBA). The 24 enterprises were found infringing Secti …
Read More »Business : MyCC Appoints Four New Members Of Commission, Retains Four Others
KUALA LUMPUR, Aug 27 (Bernama) — The Malaysia Competition Commission (MyCC) has appointed four new members of commission and retained four others, including its Chairman, Tan Sri Siti Norma Yaakob, for the second term. Other reappointed for the second term are International Trade and Industry …
Read More »Business : MyCC: Block Exemption Order No Has Taken Effect
KUALA LUMPUR, July 7 (Bernama) — The conditional Block Exemption Order (BEO) granted by the Malaysia Competition Commission (MyCC) for liner shipping agreements in December last year, which was published in the Gazette on July 4, 2014, and has taken effect from today. In a statement today, MyC …
Read More »Business : Bank Negara, MyCC Sign MoU To Formalise Collaboration
KUALA LUMPUR, June 5 (Bernama) — Bank Negara Malaysia and the Malaysia Competition Commission (MyCC) signed a memorandum of understanding (MoU) on Thursday to formalise the intent of the bank and the commission to collaborate and cooperate in areas of common regulatory objectives. This is to f …
Read More »Business : MyCC Accepts Undertaking From Lorry Owners Association
KUALA LUMPUR, May 21 (Bernama) — The Malaysia Competition Commission (MyCC) has accepted an undertaking from the Central Committee Members of the Pan-Malaysia Lorry Owners Association (PMLOA) concerning its pricing practices on transportation charges. The MyCC said it had found that the member …
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