KUALA LUMPUR: The signing of the Asean Framework Agreement on Competition (Afac) reflects the regional grouping’s commitment to upholding fairness, transparency and integrity in its markets, says Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz (pic).
He said that competition policy is not just about regulating businesses, but about empowering people, ensuring that consumers enjoy greater prices at fair prices, allowing businesses to compete on merit, and letting innovation flourish in an open and transparent environment.
