KUALA LUMPUR: The Malaysian Competition Commission (MyCC) has proposed a RM4.5mil fine against Megasteel Steel Sdn Bhd for allegedly abusing its dominant position in the market to drive out its rivals in the downstream industry.
Megasteel is given 30 days to either submit its representation in writing or indicate its wish to make an oral representation before the MyCC.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
