malaysia - Competition Law & Anti-Trust - News

MyCC appoints Mohd Hishamudin as New Chairman

KUALA LUMPUR, Sept 28 (Bernama) - The Malaysia Competition Commission (MyCC) has appointed former Court of Appeal Judge, Datuk Seri Mohd Hishamudin Md Yunus as its new chairman, effective Sept 5.
Date: 28 September 2018; Type: Industry Updates; Source: Bernama

Malaysian Bar Constitutional Challenge : Federal Court set September 13 for Clarification

PUTRAJAYA, Sept 7 (Bernama) - The Federal Court has set Sept 13 for clarification regarding the constitutional challenge bid by the Malaysian Bar and Advocates Association of Sarawak (AAS) over the validity of former top two judges's extension of tenure as Chief Justice and Court of Appeal President then after reaching retirement age.
Date: 07 September 2018; Type: Industry Updates; Source: Bernama

MyCC investigates Tyres, Beverages Companies for Anti-competitive Behaviours

KUALA LUMPUR, Sept 7 (Bernama) - The Malaysia Competition Commission (MyCC) has initiated investigations on tyres and beverage companies in Malaysia for possible anti-competitive behaviours following the direction of the Domestic Trade and Consumer Affairs Ministry to determine whether these actions raised concerns under the relevant laws.
Date: 07 September 2018; Type: Industry Updates; Source: Bernama

Government mulls breaking Monopoly on Sugar Import

KUALA LUMPUR, Aug 2 (Bernama) - The government is considering a proposal to liberalise the Approved Permit (AP) in a move to break the monopoly on sugar import so as to reduce the retail price of the commodity, the Dewan Rakyat was told today.
Date: 02 August 2018; Type: Legal News; Source: Bernama

Government to regulate e-Hailing Service effective July 12 - Loke

PUTRAJAYA, July 11 (Bernama) - Effective tomorrow, e-hailing service providers will be regulated by the government under the Land Public Transport (Amendment) Act 2017 and the Commercial Vehicle Licensing Board (Amendment) Act 2017. Transport Minister Anthony Loke Siew Fook said starting tomorrow all e-hailing companies must register with the ...
Date: 11 July 2018; Type: Legal News; Source: Bernama

MyCC proposes RM17.4 Mln Fine on Dagang Net

KUALA LUMPUR, July 11 (Bernama) - The Malaysia Competition Commission (MyCC) has proposed a penalty of RM17,397,695 against Dagang Net Technologies Sdn Bhd (Dagang Net) for provisionally infringing Section 10(1) read with Section 10(2)(c) of the Competition Act 2010.
Date: 11 July 2018; Type: Legal News; Source: Bernama

The Malaysian Competition Commission proposes to fine Dagang for Abuse of its Monopolistic Position

KUALA LUMPUR, 11 July 2018 – The Malaysia Competition Commission (“the Commission”) has issued a proposed decision against Dagang Net Technologies Sdn Bhd for provisionally infringing section 10(1) read with section 10(2)(c) of the Competition Act 2010 by allegedly abusing its position as a monopoly in the provision of trade facil ...
Date: 11 July 2018; Type: Legal News; Source: Competition Commission

Domestic Trade Ministry mulls doing away with Monopoly

LABUAN, July 9 (Bernama) - The Ministry of Domestic Trade and Consumer Affairs is looking into the possibility of doing away with the monopoly in the supply of goods and services in sectors under its jurisdiction, said Minister Datuk Saifuddin Nasution Ismail.
Date: 09 July 2018; Type: Legal News; Source: Bernama

Special Committee to discuss with Bernas on Monopoly Issue

KUALA LUMPUR, June 21 (Bernama) - The Agriculture and Agro-based Inidustry Ministry and the special committee chaired by Economic Affairs Minister Datuk Seri Mohamed Azmin Ali will hold a series of discussions with Syarikat Padiberas Nasional Berhad (Bernas) to study Bernas' monopoly over the country's rice supply, including its sole right to impor ...
Date: 21 June 2018; Type: Legal News; Source: Bernama

Copyright Infringement: Faiz rice ordered to pay over RM4 Million to Faiza Sdn Bhd

KUALA LUMPUR, June 4 (Bernama) - The High Court here today ordered manufacturer, distributor and rice retailer company, Faiz Rice Sdn Bhd to pay RM4,160,000 in damages to Syarikat Faiza Sdn Bhd for copyright infringement. Judgment on the assessment of damages was issued by Judge Datuk Wong Kian Kheng in a lawsuit over copyright and trademark i ...
Date: 04 June 2018; Type: Legal News; Source: Bernama

No Evidence of Anti-Competitive Behaviour in Pharmaceutical, Building Material Sectors - MyCC

KUALA LUMPUR, Apr 10 (Bernama) - The Malaysia Competition Commission (MyCC) said there was no conclusive evidence of anti-competitive behaviour between industry players in the pharmaceutical and building material sectors in Malaysia based on its two market review reports. The findings of the two market reviews - 'Market Review on Pharmaceutica ...
Date: 10 April 2018; Type: Legal News; Source: Bernama

MyCC conducts First Choral speaking Contest on Competition Law

KUALA LUMPUR, Mar 30 (Bernama) - The Malaysia Competition Commission (MyCC) conducted the first choral speaking competition on competition law in Malaysia with the theme, #Bebaskartel, in celebrating its seventh year anniversary.
Date: 30 March 2018; Type: Industry Updates; Source: Bernama

SPAD assures Consumer Rights protected in Uber, Grab Merger

KUALA LUMPUR, Mar 27 (Bernama) - The Land Public Transport Commission (SPAD) will cooperate with government agencies such as the Malaysia Competition Commission and relevant non-governmental organisations to ensure the rights of consumers are protected following the Uber-Grab merger in Southeast Asia.
Date: 27 March 2018; Type: Industry Updates; Source: Bernama

MyCC works on Three-Year Plan to instill Self-Compliance

KUALA LUMPUR, Mar 28 (Bernama) - The Malaysia Competition Commission (MyCC) is directing its advocacy efforts towards encouraging businesses to choose self-compliance over being caught for non-compliance with the law.
Date: 28 March 2018; Type: Industry Updates; Source: Bernama

MyCC, SPAD to ensure E-hailing Mart remains Competitive

KUALA LUMPUR, Mar 28 (Bernama) - The Malaysia Competition Commission (MyCC) and Land Public Transport Commission (SPAD) will ensure that competition in e-hailing services will not be disrupted by the recent merger between Uber and Grab.
Date: 28 March 2018; Type: Industry Updates; Source: Bernama

Proposed Decision on Seven Tuition and Day Care Centres for Price Fixing Conduct

KUALA LUMPUR, Feb 8 - The Malaysia Competition Commission (MyCC) had issued a proposed decision against seven (7) tuition and day care centres for infringing section 4 of the Competition Act 2010 (CA 2010) by collectively agreeing to fix and standardise the fees charged for the tuition and day care services in the SS19 Subang Jaya area. The agreeme ...
Date: 08 February 2018; Type: Legal News; Source: Competition Commission

MyCC proposes Penalty on Seven Tuition and Day-Care Centres

KUALA LUMPUR, Feb 8 (Bernama) - The Malaysia Competition Commission (MyCC) has issued a proposed decision against seven tuition and day-care centres for wrongfully agreeing to fix and standardise the fees charged for tuition and day-care services in the SS19 area of Subang Jaya, Selangor.
Date: 08 February 2018; Type: Legal News; Source: Bernama

MyCC signs Corruption-Free Pledge

KUALA LUMPUR, Feb 5 (bernama) - The Malaysia Competition Commission (MyCC) signed the Corruption-Free Pledge (IBR), aimed at preventing its officers from involving in corruption and abuse of power.
Date: 05 February 2018; Type: Legal News; Source: Bernama

Tribunal dismisses MyEG's Appeal against Anti-Competition Penalty

KUALA LUMPUR, Dec 29 (Bernama) - The Competition Appeal Tribunal (CAT) had dismissed an appeal by My E.G. Services Berhad (MyEG) against the RM2.272 million fine imposed on the company by the Malaysia Competition Commission (MyCC) for abusing its dominant position in the provision and management of online renewal for foreign workers permit (PLKS).& ...
Date: 29 December 2017; Type: Legal News; Source: Bernama

MyCC welcomes MyIPO as Member of Special Committee

KUALA LUMPUR, Dec 19 (Bernama) - Malaysia Competition Commission (MyCC) has welcomed the Intellectual Property Corporation of Malaysia (MyIPO) as the ninth member of its Special Committee on Competition.
Date: 19 December 2017; Type: Legal News; Source: Bernama

INDUSTRY UPDATES

Deterrent Punishment must be imposed if Death Sentence to be abolished - AADK

BANGI, Oct 15 (Bernama) - The National Anti-Drug Agency (AADK) urged the government to decide on appropriate punishment for drug offences, if the mandatory death sentence to be abolished, says its director-general Datuk Seri Zulkifli Abdullah.

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Parliament building declared Smoke-Free Zone

PUTRAJAYA Oct 15 - Smoking-designated corners inside the Parliament building have been declared as smoke-free zones, effective today, said Health Minister Datuk Seri Dr Dzulkefly Ahmad.

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Launch of Professional Mobility Framework, Social and Sustainability Bond Standards

The ASEAN Capital Markets Forum (ACMF) met in Singapore and launched two key initiatives to drive a more connected and sustainable ASEAN capital market. These initiatives complement the measures introduced by the ACMF on collective investment schemes, corporate governance, disclosure standards and capacity building.

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Total Abolition of the Death Penalty - The Right Time to Do the Right Thing, says Bar

The Malaysian Bar has wholeheartedly welcomed the decision of the Malaysian Cabinet to totally abolish the death penalty in Malaysia. "We commend the Minister in the Prime Minister’s Department (Law), Datuk Liew Vui Keong, for making the announcement on 10 October 2018, which coincided with the 16th World Day Against the Death Penalty. We look forward to seeing the legislation being tabled and passed by both houses of Parliament in the Parliamentary session that begins on 15 October", said the President of the Malaysian Bar, Mr. George Varughese.

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SC advocates Sustainable Investing at InvestSmart Fest 2018

InvestSmart® Fest 2018, an investor education initiative by the Securities Commission Malaysia (SC), was officiated by Yang Berhormat Syed Saddiq Syed Abdul Rahman, Minister of Youth and Sports Malaysia at the Kuala Lumpur Convention Centre today.

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Regulation on Black Shoes for Students to be fully enforced in 2021

PUTRAJAYA, Oct 13 (Bernama) - The requirement for students in government and government-aided schools to wear only black shoes to school will only be fully enforced in 2021, said the Education Ministry (MOE).

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Sarawak Trade Office in Singapore to start operating on January 1

KUCHING, Oct 12 (Bernama) - Sarawak will set up three regional trade offices, including in Singapore, next year as a liaison between the state's exporters and the international business community.

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Rule of Law important for Nation's Recovery Process - Mahathir

PUTRAJAYA, Oct 10 (Bernama) - All the people in the country, even the administrators and the Rulers, have to abide by the laws because this is important in the ongoing process of rehabilitating the country, Tun Dr Mahathir Mohamad said today.

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Immediate Moratorium on Use of the Sedition Act 1948 is Crucial, Pending Its Repeal

The Malaysian Bar have claimed that it is heartened by the statement reportedly made by the Minister of Communications and Multimedia, Gobind Singh Deo, that the repeal of the Sedition Act 1948 (“Sedition Act”) “should take place at the next sitting of Parliament”.

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MITI to improve Investment Incentives

KUALA LUMPUR, Oct 9 (Bernama) - The Ministry of International Trade and Industry (MITI) is looking to improve investment incentives that would give win-win results for both the investors and nation, says Minister Datuk Darell Leiking.

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Effective Policy Making needs Global Perspective - BNM governor

KUALA LUMPUR, Oct 9 (Bernama) - Monetary and fiscal policies should have global perspectives as any fallout often spread across the borders, says Bank Negara Malaysia's (BNM) Governor Datuk Nor Shamsiah Mohd Yunus.

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Death Penalty and Whipping are never the Solution to combat Corruption or any other Crimes

"The Malaysian Bar had unequivocally opposed the recent proposal, mooted by the Malaysian Anti-Corruption Commission (“MACC”) and various other parties, to introduce the death penalty and caning as punishments for corruption", says its president George Varughese.

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Ministry, SME Bank join hands to develop Women Entrepreneurship

KUALA LUMPUR, Oct 8 (Bernama) - The Ministry of Women, Family and Community Development and its agencies will be working together with the Small Medium Enterprise Development Bank (SME Bank) to help boost women’s participation in business.

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Chief Judge of Sabah and Sarawak heads List of 1,158 Sabah Award Recipients

KOTA KINABALU, Oct 5 (Bernama) - The Chief Judge of Sabah and Sarawak Datuk David Wong Dak Wah heads a list of 1,158 recipients of awards and medals in conjunction with the 65th birthday of the Yang Dipertua Negeri of Sabah, Tun Juhar Mahiruddin, tomorrow.

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Rantau Election Petition: Court sets October 10 for Decision on Contempt of Court Proceedings

SEREMBAN, Oct 5 (Bernama) - The Special Election Court here today set Oct 10 for the decision whether to continue with the contempt of court proceedings involving one of the witnesses in the election petition hearing filed by Dr S. Streram to nullify the Election Commission’s decision for the Rantau state seat in the 14th General Election (GE14).

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