MyCC invites public feedback on digital economy market review


KUALA LUMPUR: All stakeholders from various sectors are invited to contribute their feedback on the Draft Final Report of the Market Review on the Digital Economy Ecosystem.

In a statement, the Malaysia Competition Commission (MyCC) said the strategic review thoroughly analyses five key areas identified as fundamental to Malaysia's digital economy growth and development.

"The areas are mobile operating and payment systems, e-commerce (retail marketplace), digital advertising services, online travel agencies (OTAs), and data privacy and protection,” it said.

MyCC presented the findings from its comprehensive market study after holding a public consultation session with industry players on Aug 19 and a subsequent session with representatives from ministries and government agencies the next day.

The study highlights key competition issues, structural challenges within the market and critical policy considerations to strengthen the nation’s digital economy ecosystem.

During the sessions, MyCC also shared preliminary recommendations which will serve as the foundation for future policy development towards building a fairer, more innovative and competitive digital ecosystem in Malaysia.

"MyCC calls all stakeholders across sectors to provide their feedback on the preliminary recommendations contained in the final draft.

"This critical input will ensure our proposed framework reflects diverse perspectives from regulators, industry participants and the public, ultimately strengthening Malaysia's digital economy landscape,” it said.

MyCC said all submissions must be received by Sept 14 to be incorporated before the study's finalisation in December 2025. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Malaysia Aviation Group secures US$75mil trade finance facility from Citi
Japan core inflation exceeds BOJ target, cements near-term rate hike chance
Palm oil glut lures Indian buyers as price gap to rivals widens
PM Anwar fulfils promise to expedite flood mitigation projects, help long-suffering victims
Govt allocates RM1bil to Urusharta Jamaah for early redemption of sukuk in 2027
FBM KLCI slips in early trade as Wall Street sell-off weighs
Ringgit opens higher as AI investment concerns weigh on greenback
Trading ideas: CIMB, RHB Bank, Pavilion REIT, Foodie Media, TSH Resources, Kerjaya Prospek, Harbour-Link, Exsim Hospitality, Meridian
Ringgit likely to remain under pressure�
Sound prospects for oil and gas sector

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read