Competition Law & Anti-Trust

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MyEG receives Warning for Non-Compliance in RM9.46 Million Penalty

KUALA LUMPUR, Feb 8 (Bernama) - The Malaysia Competition Commission (MyCC) has warned MyEG Services Bhd for continuously been in non-compliance with the decision of the Competition Appeal Tribunal (CAT) on Dec 28, 2018 to pay a daily penalty of RM7,500.

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Four Hotels fined $1.5M for colluding by Sharing Discount Info

Four hotels that colluded by sharing with one another the non-public room rates offered to companies have been fined more than $1.5 million in total for infringing the Competition Act.
Date: 31 January 2019; Type: Legal News; Source: Singapore Law Watch

PCC imposes P6.5-M Fine on Grab for Submitting Wrong Data

MANILA, Jan 25 (PNA) - The Philippine Competition Commission (PCC) slapped a PHP6.5-million fine on ridesharing firm Grab Philippines after it violated its voluntary commitments following the approval of its acquisition of Uber last year.
Date: 25 January 2019; Type: Legal News; Source: Philippine News Agency

PCC rejects URC Voluntary pledges on Sugar Mill Buyout

MANILA, Jan 25 (PNA) - The Philippine Competition Commission (PCC) announced on Friday that it has rejected the voluntary commitments offered by Universal Robina Corp. (URC) in its acquisition of Central Azucarera Don Pedro, Inc. (CADPI) in Batangas.
Date: 25 January 2019; Type: Legal News; Source: Philippines News Agency

High Court upholds MyCC Decision against MyEG

KUALA LUMPUR, Jan 24 (Bernama) - The High Court of Kuala Lumpur has upheld the decision of the Malaysia Competition Commission (MyCC) against MY E.G. Services Bhd and MYEG Commerce Sdn Bhd (collectively referred to as MyEG) under section 10(2)(d)(iii) of the Competition Act 2010 for abusing its dominant position.
Date: 24 January 2019; Type: Legal News; Source: Bernama

Sector Regulators meet to discuss Competition Issues

KUALA LUMPUR, Dec 21 (Bernama) - The Malaysia Competition Commission (MyCC) held a special committee meeting recently to discuss issues related to the competition law and policy to ensure consistency in the application of the law between sector regulators. It also discussed issues on cross-jurisdictional matters. The special committee con ...
Date: 21 December 2018; Type: Legal News; Source: Bernama

CCCS Clears the Proposed Acquisition by NTUC Enterprise Co-operative Limited of Kopitiam Investment Pte Ltd

This is to notify that the Competition and Consumer Commission of Singapore (CCCS) has cleared the proposed acquisition by NTUC Enterprise Co-operative Limited (NTUC Enterprise) of 100 percent of the equity interests in Kopitiam Investment Pte. Ltd. and its subsidiaries (Kopitiam).
Date: 20 December 2018; Type: Press Release; Source: Competition and Consumer Commission of Singapore

High Court reinstates RM10 Million Fine imposed on MAS and AirAsia

KUALA LUMPUR, Dec 20 (Bernama) - The High Court here today reinstated the decision of the Malaysia Competition Commission (MyCC) which imposed a fine of RM10 million each on the country's two major carriers, Malaysia Airlines (MAS) and AirAsia Bhd for breach of market-sharing prohibition under the Competition Act 2010. Judge Datuk Nordin Hassa ...
Date: 20 December 2018; Type: Legal News; Source: Bernama

Investigation into Grab's Acquisition of Uber in Vietnam Results announced

Hanoi, Dec 12 (VNA) - The investigation into Grab's acquisition of Uber in Southeast Asia, including the Vietnamese market, ended on November 18, said the Department of Competition and Consumer Protection (DCCP) under the Ministry of Industry and Trade (MoIT).
Date: 12 December 2018; Type: Legal News; Source: Vietnam News Agency

PT Fortuna Megah Perkasa DKK v Komisi Pengawas Persaingan Usaha DK

Date: 17 September 2018; Court: Supreme Court of Indonesia; Citation: SC No. 715 K/Pdt.Sus-KPPU/2018; Source: Supreme Court of Indonesia

CCCS Clears Proposed Acquisition by Japan Pulp and Paper Company Limited of Spicers Paper (Singapore) Pte Ltd

The Competition and Consumer Commission of Singapore (CCCS) has cleared the proposed acquisition of Spicers Paper (Singapore) Pte Ltd by Japan Pulp and Paper Company Limited (the Proposed Transaction). The CCCS concluded that the Proposed Transaction if carried into effect, will not infringe the Section 54 prohibition of the&nbs ...
Date: 27 November 2018; Type: Press Release; Source: Competition and Consumer Commission of Singapore

CCCS Clears Proposed Acquisition by Nasdaq Technology AB of Cinnober Financial Technology AB Involving Market Technology Products

This is to notify that the Competition and Consumer Commission of Singapore (CCCS) cleared the proposed acquisition of Cinnober Financial Technology AB by Nasdaq Technology AB (the Proposed Transaction). The CCCS after reviewing concluded that the Proposed Transaction, if carried into effect, will not infringe the Section 54 prohibition o ...
Date: 27 November 2018; Type: Press Release; Source: Competition and Consumer Commission of Singapore

Trade Competition Act to oversee 7-Eleven’s Restaurant Expansions

BANGKOK, Nov 5 (NNT) - Thailand's Department of Internal Trade (DIT) has said that CP All Plc is permitted to expand the operations of its 7-Eleven convenience stores as 24-hour restaurants, so long as it doesn’t jeopardize smaller vendors.
Date: 05 November 2018; Type: Legal News; Source: National News Bureau of Thailand

CCCS raises Competition Concerns on Private Clinical Laboratories Merger

The Competition and Consumer Commission of Singapore (“CCCS”) has completed its Phase 1 review of the acquisition of Innovative Diagnostics Private Limited (“Innovative”) and Quest Laboratories Pte Ltd (“Quest”) by Pathology Asia Holdings Pte. Ltd. (“PAH”), through its subsidiaries (collectively, the ...
Date: 29 October 2018; Type: Legal News; Source: Competition and Consumer Commission of Singapore

Subang Jaya Businesses ordered to pay MYCC Penalty

KUALA LUMPUR, Oct 29 (Bernama) - Having been found guilty of infringing Section 4 of the Competition Act 2010 (Act 712), seven tuition and day care centres in SS19 Subang Jaya have been ordered to pay a penalty of RM33,068.85. The Malaysian Competition Commission (MyCC) in a statement today said that the businesses entered into an agreement in ...
Date: 29 October 2018; Type: Legal News; Source: Bernama

PT Fortuna Megah Perkasa DKK v Komisi Pengawas Persaingan Usaha DK

Date: 17 September 2018; Court: Supreme Court of Indonesia; Citation: SC No. 715 K/Pdt.Sus-KPPU/2018; Source: Supreme Court of Indonesia

Supervisory Commission to crack down on International Cartel Networks more

MyEG receives Warning for Non-Compliance in RM9.46 Million Penalty

KUALA LUMPUR, Feb 8 (Bernama) - The Malaysia Competition Commission (MyCC) has warned MyEG Services Bhd for continuously been in non-compliance with the decision of the Competition Appeal Tribunal (CAT) on Dec 28, 2018 t ...

High Court upholds MyCC Decision against MyEG Sector Regulators meet to discuss Competition Issues High Court reinstates RM10 Million Fine imposed on MAS and AirAsia more

Draft Bill against Real Estate Monopolies sent to Attorney General

A draft bill to prevent real estate monopolies and increase government tax revenue is being submitted to the Attorney General’s office, according to Deputy Planning and Finance Minister U Maung Maung Win.

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PCC imposes P6.5-M Fine on Grab for Submitting Wrong Data

MANILA, Jan 25 (PNA) - The Philippine Competition Commission (PCC) slapped a PHP6.5-million fine on ridesharing firm Grab Philippines after it violated its voluntary commitments following the approval of its acquisition ...

PCC rejects URC Voluntary pledges on Sugar Mill Buyout Grab to appeal Fines imposed for Uber Merger PCC imposes P16-M fine vs Uber, Grab on Merger Deal more

Trade Competition Act to oversee 7-Eleven’s Restaurant Expansions

BANGKOK, Nov 5 (NNT) - Thailand's Department of Internal Trade (DIT) has said that CP All Plc is permitted to expand the operations of its 7-Eleven convenience stores as 24-hour restaurants, so long as it doesn’t j ...

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INDUSTRY UPDATES

Justice Ministry: US Claims ‘baseless’

The Ministry of Justice on Tuesday reacted to recent “baseless” claims by the US Embassy in Phnom Penh regarding the case of former opposition leader Kem Sokha, urging the embassy to stop spreading misinformation regarding the implementation of the law in Cambodia.

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Court adjourns Tony Pua's Appeal against Interim Injunction over RUU355 Video Clip

PUTRAJAYA, Feb 20 (Bernama) - The Federal Court today adjourned the appeal hearing by Damansara Member of Parliament Tony Pua Kiam Wee against an interim injunction order over his alleged video clip relating to the tabling of Syariah Courts (Criminal Jurisdiction) (Amendment) Bill 2016 or RUU355.

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DOJ urged to Act on Murder Raps vs PNP Men in Lawyer's Death

MANILA, Feb 19 (PNA) - A former Cebu City councilor asked the Department of Justice (DOJ) Monday to charge policemen implicated in the killing of his brother, lawyer Noel Archival, five years ago.

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Laos, Japan celebrate 20 Years of Legal, Judicial Cooperation

The Lao and Japanese governments have highlighted 20 years of achievement in cooperation to strengthen the legal and judicial sectors in Laos, especially with regard to human resource development.

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Sarawak Lawyers wants Government to set up RCI over Judge Allegations

MIRI, Feb 19 (Bernama) - The Advocates Association of Sarawak (AAS) has proposed to the government to set up a Royal Commission of Inquiry (RCI) over the allegation of judicial interference in the affidavit made by a sitting Court of Appeal judge Datuk Dr Hamid Sultan Abu Backer recently.

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MACC meets Judge Hamid Sultan over 63-Page Affidavit

PUTRAJAYA, Feb 18 (Bernama) - The Malaysian Anti-Corruption Commission (MACC) today met with Court of Appeal judge Datuk Dr Hamid Sultan Abu Baker over his recent 63-page affidavit, filed last week, on allegations of judicial interference.

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CBM headed in Right Direction, Bank Development expected: Experts

The Central Bank of Myanmar (CBM) has begun taking the initial steps to stand as an independent body, local financial experts and economists say.

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Retired SC Justice Azcuna 'Selfless Government Worker': Palace

MANILA, Feb 15 (PNA) - Malacañang wished retired Supreme Court (SC) Associate Justice Adolfo Azcuna the best as he celebrates his 80th birthday on Saturday.

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Rule of Law followed in Ressa Arrest

MANILA, Feb 15 (PNA) - Malacañang on Friday said the rule of law was followed in the arrest of Rappler chief executive officer Maria Ressa for cyberlibel amid criticisms of suppressing press freedom.

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Rebuilding ASEAN’s Financial Safety Net

Singapore and Indonesia signed a US$10 billion (K15.23 trillion) bilateral swap agreement last October, allowing the two countries to assist each other during times of financial stress through US dollar loans. The move signalled a willingness by ASEAN countries to play a bigger and more direct role in strengthening the region’s financial stability, but there is still much more to do.

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Judiciary lodges Police Report over Allegations in Affidavit

PUTRAJAYA, Feb 15 (Bernama) - The Judiciary has lodged a police report over allegations made against unnamed judges and the institution in the affidavit made by a sitting Court of Appeal judge Datuk Dr Hamid Sultan Abu Backer.

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Blind Woman's Persistence to become Lawyer bears Fruit

KUALA LUMPUR, Feb 15 (Bernama) - ‘Where there’s a will, there’s a way’, this proverb illustrates the determination and diligence of a visually impaired young woman who has achieved her dream of becoming a lawyer.

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Lawyer urges Government and CJ to address Justice Hamid's Revelations

KUALA LUMPUR, Feb 15 (Bernama) - Lawyer Sangeet Kaur Deo has called on the government and Chief Justice to immediately look into the claims by Court of Appeal judge Datuk Dr Hamid Sultan Abu Backer, contained in his affidavit which revealed misconduct of top judges and judicial interference.

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Decision on Minimum Wage Increases due in March

BANGKOK, Feb 13 (NNT) - The final decision on Minimum Wage increases will be made in March, with new rates to vary in accordance with economic conditions in each province.

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No Violation of Ressa's Civil Rights: DOJ

MANILA, Feb 14 (PNA) - Justice Secretary Menardo Guevarra on Thursday assured full protection of the civil rights of online news website Rappler's publisher Maria Ressa, who was arrested on Wednesday in connection with a cyber libel complaint filed against her and the media firm by a private individual.

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DOTr inks Deal on Common Station Construction

MANILA, Feb 13 (PNA) - The Department of Transportation (DOTr) on Wednesday signed a contract with a private consortium for the construction of Area A of the Unified Grand Central Station (UGCS) or the common station which is located between SM North Edsa and Trinoma in Quezon City.

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Men too face Sexual Harassment at Workplace

SUNGAI PETANI, Feb 14 (Bernama) - Men too have been recorded as being victims of sexual harassment at the workplace, said Women, Family and Community Development Deputy Minister, Hannah Yeoh.

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LHDN launches eProcurement System, Suppliers' Portal

CYBERJAYA, Feb 13 (Bernama) - The Inland Revenue Board (LHDN) has launched the eProcurement (eP) system and the Suppliers’ portal as a continuous effort to improve service delivery to suppliers or tenderers dealing with the agency.

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