Malaysia Competition Commission to penalise MyEG


Complaints received: A file picture shows a MyEG online office in Putrajaya. MyCC commenced its investigations into MyEG following complaints lodged by numerous parties.

PETALING JAYA: The Malaysia Competition Commission (MyCC) has proposed to impose a financial penalty of RM307,200 on My EG Services Bhd (MyEG) for infringing section 10 of the Competition Act 2010.

MyCC said that MyEG had abused its dominant position in the provision and management of the online Foreign Worker Permit Renewal (PLKS) applications, by applying different conditions to equivalent transactions with other trading parties to the extent that may harm competition.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , mycc , competition act , myeg , shares , stocks , klci ,

   

Next In Business News

Axiata, Sinar Mas move closer to US$3.5bil telco merger
Agricore gets Bursa nod to list on ACE Market
South Korea Q1 GDP growth smashes estimates, but outlook's uncertain
Ringgit soft as US$ remains elevated
Product innovation drives sales of local plastic packaging
Bursa's rally continues ahead of economic releases
Trading ideas: MyEG, Axis REIT, Mah Sing, Capital A, Hibiscus, Chin Hin, Carlsberg, I-Bhd
Booming eCommerce bolsters consumption
Chemical recycling to reduce plastic waste
Sasbadi reports record high quarterly revenue on robust sales

Others Also Read