Paving the way for M&A oversight

Iskandar: MyCC targets anti-competitive conduct, not business size or success.

When amendments to the Competition Act 2010 and Competition Commission Act 2010 were passed in July giving the Malaysia Competition Commission (MyCC) wider powers of investigation and enforcement, the move stopped short of including supervision of mergers and acquisitions (M&A) that typically attract competition concerns, which can be difficult to address after the fact.

However, the argument is that building up MyCC’s capacity through the amendments of its investigation and enforcement powers first is a practical approach before taking the next step in M&A oversight.