Probe warranted if cement makers have pact to raise prices

PETALING JAYA: The slew of price hikes by cement manufacturers do not at this juncture warrant a formal investigation by the Malaysian Competition Commission (MyCC), unlike the situation with the Cameron Highlands Floriculturist Association (CHFA), said MyCC chief executive officer Shila Dorai Raj.

“Price increases are by themselves not anti-competitive in nature. However, if there is evidence of collusion among the competitors to increase prices, this would be of concern to MyCC and may merit an investigation.