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Business 20 May 2013 | 9:07 AM

Some companies contravening the Associations and the Competition Act

N its early stages, the Malaysia Competition Commission (MyCC) conducted numerous briefings for enterprises and associations, highlighting the implications of the Competition Act 2010 (CA) on their activities. A moratorium of 18 months was given for all to review their activities to ensure compliance with the new law.

Business 11 Mar 2013 | 12:00 AM

Competition Act – ignorance is no excuse

THE Competition Act 2010 (CA 2010) has been in force for over a year, and yet there are still a large number of businesses that are not complying with its provisions. Is this because they do not understand how it applies to their businesses or is it because they are part of an even larger number that still do not know of its existence. Either way, the Malaysia Competition Commission (MyCC) is concerned.

Business 06 Feb 2006 | 12:00 AM

Competition and economic development

Virtually all developing countries can benefit from a modern competition policy and law. Perhaps a competition policy is a betteroption for Malaysia than price control, writes Elayne Yee Siew Lin.

Business 29 Apr 2013 | 12:53 PM

Competition law is already part of compliance activities of every business in M'sia

IN the last CompEtition Opinion (StarBiz, March 11), the Malaysia Competition Commission (MyCC) expressed concern about the number of Malaysian businesses that were either not aware of the Competition Act 2010 (CA 2010) or were still not complying with its terms, even though it had been in force since Jan 1, 2012.

Corporate News 30 Mar 2018 | 8:30 AM

Singapore's competition watchdog says Uber-Grab deal infringes competition

SINGAPORE: Singapore's competition watchdog said on Friday that it had reasonable grounds for suspecting competition had been infringed by the agreed deal by ride-hailing firm Uber Technologies Inc to sell its Southeast Asia operations to rival Grab.

Business 06 Sep 2013 | 1:15 PM

MAS-AirAsia infringed Competition Act, fined RM10mil each

The Malaysia Competition Commission (MyCC), which ensures healthy competition in the Malaysian market, has ruled in its proposed decision that Malaysian Airline and AirAsia’s 2011 collaboration agreement violated the Competition Act 2010, and fined each company RM10mil.

Business 31 May 2013 | 9:49 AM

Fitch: Telekom Malaysia to face stiffer competition in data segment

KUALA LUMPUR: Fitch Ratings expects Telekom Malaysia Bhd (TM, A-/Stable) to face higher competition in the fast-growing, increasingly important data segment in 2013, especially from the "resellers".

M&A 13 Apr 2018 | 8:57 AM

Singapore's competition watchdog issues interim measures to stop Grab, Uber merger

SINGAPORE: The Competition and Consumer Commission of Singapore (CCCS) has issued interim measures to stall Grab's takeover of Uber operations here.

Business 26 Sep 2013 | 12:00 AM

All firms are not exempted from Competition Act

KUALA LUMPUR: All companies regardless of size are not exempted from the Competition Act which was enacted to spur the economy to perform better, said Deputy Prime Minister Tan Sri Muhyiddin Yassin.

Corporate News 05 Dec 2017 | 11:24 PM

Australia competition watchdog takes GlaxoSmithKline, Novartis units to court

The Australian Competition and Consumer Commission (ACCC) on Wednesday said it is taking local units of GlaxoSmithKline and Swiss healthcare company Novartis to court over false or misleading representations in the marketing of pain relief products.