Live Breaking News & Updates on Competition Act 2010

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MyCC proposes RM46.36mil financial penalty on PPB's FFM

KUALA LUMPUR: Malaysia Competition Commission (MyCC) has proposed to impose a financial penalty of RM46.36 million on FFM Bhd, an 80 per cent subsidiary of PPB Group Bhd, following the findings on the alleged infringement of Section 4 of the Competition Act 2010 (Act 712). ....

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Bid rigging: Eight firms fined a total of RM1.5mil, 500 others under MyCC probe

KUALA LUMPUR: Eight firms have been fined a total of RM1,548,192.35 after being found guilty of bid rigging conduct involving four IT-related projects. ....

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MyCC: Competition Act 2010 does not apply to telcos, multimedia sector

KUALA LUMPUR, July 2 ― The Competition Act 2010 applies to any commercial activity within Malaysia, but the Act does not apply to commercial activities of four sectors, which. ....

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Public's views essential to strengthen Competition Act, says Domestic Trade Ministry

KUALA LUMPUR: Public consultation efforts will provide a fresh perspective for improving the Competition Act 2010 (Act 712), says the Domestic Trade and Consumer Affairs Ministry. ....

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Competition Commission launches public consultation on amendments to Competition Act 2010

KUALA LUMPUR: The Malaysia Competition Commission (MyCC) has embarked on an amendment exercise for the Competition Act 2010 and launched an online public consultation on Monday (April 25) to invite the public and relevant stakeholders to provide their opinions, views, inputs and feedback on the proposed amendments. ....

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