Court of Appeal upholds ruling on decision against MY EG

MY EG said the Court of Appeal had dismissed the two companies’ appeal against the ruling by the Kuala Lumpur High Court which had affirmed the MyCC’s decision.

KUALA LUMPUR: The Malaysia Competition Commission’s (MyCC) decision and its fine imposed on My E.G. Services Bhd (MYEG) and MY E.G. Commerce Sdn Bhd (MYEC) for violating the competition law was upheld by the Court of Appeal.

In an announcement to Bursa Malaysia on Monday, MY EG said the Court of Appeal had dismissed the two companies’ appeal against the ruling by the Kuala Lumpur High Court which had affirmed the MyCC’s decision.