Langkawi Ro-Ro firms slapped with fines

KUALA LUMPUR: The Malaysia Competition Commission (MyCC) has slapped fines totalling RM2.2mil on three roll-on/roll-off (Ro-Ro) operators and two enterprises in Langkawi for forming a cartel to increase fare prices for commercial vehicles and passenger cars.

MyCC said those involved, which operated routes between Langkawi and Kuala Perlis, had inked two memorandums of understanding (MOUs) in 2018 and 2019 between themselves to fix their fares.