Some companies contravening the Associations and the Competition Act

IN its early stages, the Malaysia Competition Commission (MyCC) conducted numerous briefings for enterprises and associations, highlighting the implications of the Competition Act 2010 (CA) on their activities. A moratorium of 18 months was given for all to review their activities to ensure compliance with the new law.

In spite of this, the MyCC has noticed that several associations, in particular those whose members are mainly SMEs, have announced agreed price increases in the media.