Govt mulls abolishing law after requests by businesses

Special gift: Hamzah presenting duit raya to orphans at the Hari Raya open house by MyIPO in Kuala Lumpur. Looking on are MyIPO chairman Datuk Abdul Manan Ismail (next to Hamzah), deputy director (corporate) Shahar Osman (right) and MyIPO COO Datuk Shamsiah Kamaruddin.

KUALA LUMPUR: The Government is looking into the possibility of abolishing the Price Control and Anti-Profiteering Act 2011 following requests by businesses that claim that the Act has shortcomings.

Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Hamzah Zainuddin said his ministry has been given until December this year to engage stakeholders in the industry and consumers in a study.