malaysia - Competition Law & Anti-Trust - News

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

Most Reports received by MyCC are Bid-rigging Cases

KUALA LUMPUR, Oct 30 (Bernama) - The Malaysian Competition Commission (MyCC) received 340 complaints on various cases under the Competition Act since 2012 until October 2017, involving the imposition of penalties amounting to RM23.4 million.
Date: 30 October 2017; Type: Legal News; Source: Bernama

MyCC accepts Undertaking from the Sand Operators of Four Districts in Kelantan

KUALA LUMPUR, Oct 6 - The Malaysia Competition Commission, (“MyCC”) has accepted an undertaking from a group of sand operators in Kelantan concerning the alleged fixing of sand prices for the territories of Kota Bharu, Pasir Mas, Tanah Merah and Machang in Kelantan.
Date: 06 October 2017; Type: Legal News; Source: Bernama

MyCC grants Conditional Block Exemption for Liner Shipping Agreements

KUALA LUMPUR, June 21 (Bernama) - The Malaysia Competition Commission (MyCC) has decided to grant a block exemption for liner shipping agreements for vessel-sharing agreements (VSAs) and voluntary discussion agreements (VDAs) within Malaysia or effecting on liner shipping services in Malaysia. In a statement today, MyCC said, the exemption was ...
Date: 21 June 2017; Type: Legal News; Source: Bernama

INDUSTRY UPDATES

Exercise of Freedom must be in accordance to Federal Constitution - Eddin Syazlee

JOHOR BAHRU, Aug 14 (Bernama) - The exercise of individual’s right to freedom, be it freedom of religion or speech, must be done in accordance to the provisions in the Federal Constitution, says Deputy Communications and Multimedia Minister Eddin Syazlee Shith.

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International Malaysia Law Conference 2018

The 4-day International Malaysia Law Conference (“IMLC”) 2018, the flagship biennial event of the Malaysian Bar themed “Raising the Bar: Innovate. Integrate. Emulate.” is underway.

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INDUSTRY UPDATES

IMLC 2018: Change of Government an impetus for strengthening the Rule of Law, says Sultan Nazrin Shah

KUALA LUMPUR, Aug 14 (Bernama) - The recent change of government in Malaysia has given a fresh impetus to strengthen the rule of law in the country, the Sultan of Perak, Sultan Nazrin Shah said today.

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INDUSTRY UPDATES

1Mine urges Government to postpone SST

KUALA LUMPUR, Aug 14 (Bernama) - The government has been urged to postpone implementation of the Sales and Services Tax (SST) come Sept 1 until a directive on the newly passed tax law is clearly outlined.

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INDUSTRY UPDATES

Seizure of Equanimity made according to Legal Procedures - Liew Vui Keong

KUALA LUMPUR, Aug 14 (Bernama) - Minister in the Prime Minister’s Department Datuk Liew Vui Keong told the Dewan Rakat today that the seizure of the superyatch Equanimity was made according to Malaysian procedures and laws.

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INDUSTRY UPDATES

Petronas, Sabah, Negeri Sembilan receive Global Innovation Award

KUALA LUMPUR, Aug 14 (Bernama) - Petroliam Nasional Berhad (Petronas), Sabah Land and Survey Department, and the Negeri Sembilan government have been selected ahead of more than 100,000 companies worldwide to win a global technology award.

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INDUSTRY UPDATES

Call to improve Healthcare System instead of Introducing Health Insurance Scheme

KUALA LUMPUR, Aug 13 (Bernama) - A healthcare advocate had urged the government to reconsider the proposal to introduce national health insurance scheme for the people by taking into considerations it's adverse financial impact in the long term.

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INDUSTRY UPDATES

Najib files Appeal against Gag Order Refusal

KUALA LUMPUR, Aug 13 (Bernama) - Lawyers of former prime minister Datuk Seri Najib Tun Razak today filed an appeal against a High Court refusal to issue an order restraining the media and public from publishing statements on the merits of his case pending its disposal.

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Johor to consider implementing Open Tender System

ISKANDAR PUTERI, Aug 12 (Bernama) - The state government will consider implementing the open tender system for all projects in Johor to prevent monopolies, said Menteri Besar Datuk Osman Sapian.

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INDUSTRY UPDATES

SMEs need to collaborate with IPTS to embrace Technologies

KUANTAN, Aug 13 (Bernama) - Small and medium enterprises (SMEs) need to collaborate with local institutions of higher learning (IPTs) to enable them to brace technologies in order to be more competitive in the face of the fourth industrial revolution (Industry 4.0).

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INDUSTRY UPDATES

Mixed Reaction in Construction-Related Stocks following SST Announcement

KUALA LUMPUR, Aug 13 (Bernama) - The prices of construction-related stocks saw a mixed performance today following the Finance Ministry’s announcement on the tax exemption of some construction materials.

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INDUSTRY UPDATES

GST Refunds should be settled before SST kicks in

KUALA LUMPUR, Aug 11 (Bernama) - The Finance Ministry has been urged to find a swift solution regarding the Goods and Goods and Services Tax (GST) refunds before the implementation of Sales and Services Tax (SST) this September.

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740 Violations detected in Food Premises under Sarawak Labour Ordinance

KUCHING, Aug 9 (Bernama) - The Sarawak Labour Department today conducted simultaneous operations throughout the state on 140 employees’ workplaces in food premises in which 740 violations were detected under the Labour Ordinance.

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INDUSTRY UPDATES

Marriage Age Amendment, Stakeholders' views crucial

KOTA KINABALU, Aug 9 (Bernama) - The government will take into consideration the views of all stakeholders in the discussions to raise the marriage age limit in the country from 16 to 18 years before any decision is made, said Minister in the Prime Minister's Department Datuk V.K Liew.

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INDUSTRY UPDATES

EPF and Grab sign MoU to promote i-Saraan among Ride-hailing Drivers

KUALA LUMPUR, Aug 9 (Bernama) - The Employees Provident Fund (EPF) and ride-hailing service provider, Grab Malaysia, signed a memorandum of understanding (MoU) to encourage the ride-hailing driver-partners community to participate in EPF’s voluntary retirement savings programme, Caruman Sukarela Insentif Persaraan (i-Saraan).

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