MyCC seeks wide-ranging input for market review of transportation sectors


PETALING JAYA: Members of the public, including relevant stakeholders, have been invited by the Malaysia Competition Commission (MyCC) to participate in a public consultation on a market review of selected transportation sectors in the country.

MyCC said they are welcome to contribute opinions, input and feedback on the review under the Competition Act 2010 for "Selected Transportation Sectors in Malaysia (Port Logistics Ecosystem and Motor Vehicle Warranty)".

The review, conducted in accordance with Section 11 of the Competition Act 2010, is aimed at improving understanding of the market structure, assessing activities along the supply chain, and determining any feature or combination of features of the market that may hinder or distort competition.

MyCC said the review focuses on two selected transportation sub-sectors: the port logistics ecosystem covering the process of import and export of goods; and motor vehicles covering the warranty restrictions related to passenger and commercial vehicles.

MyCC CEO Iskandar Ismail said the feedback and opinions sought in the review will help the commission draw balanced conclusions on the sectors.

“In line with the powers given to MyCC, the market review will also study in detail the structure of both markets, the conduct of market players, suppliers and consumers, and other matters such as regulatory and policy issues.

“Consumers have the right to know the complexities, dynamism and motivations of the players in both markets,” he said on Monday (June 21).

A copy of the market review has been made available on the MyCC website since June 18 and will be open for viewing until July 2.

Any feedback may be submitted through the MyCC website or by email to the secretariat at bed@mycc.gov.my.

MyCC will hold two online sessions, the first from 8.30am to 12.30pm on June 24 involving members of the private sector, namely industry players, associations, NGOs and the public.

There will be no charge for participating in the session. Interested parties are, however, required to register their attendance through MyCC website at www.mycc.gov.my by Wednesday (June 23).

The second session will be held on Friday (June 25) from 8.30am to 12.30pm, and will involve government officials.

“So far, MyCC has received notable responses from all parties indicating their willingness to be involved in the public consultation activities,” MyCC said.

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