PUTRAJAYA (April 27): The Court of Appeal today set aside the RM10 million fines each imposed on AirAsia Bhd and Malaysian Airline System Bhd (MAS) by the Malaysia Competition Commission (MyCC) over a short-lived collaboration between the two in 2012.
This followed Justice Datuk Hanipah Farikullah, who led the three-member bench, to set aside the High Court decision on Dec 20, 2018 that ordered both airlines to pay the fines and overturned an earlier decision by the Competition Appeal Tribunal (CAT) decision in February 2016 to allow their appeal.
Justice Hanipah ruled that MyCC should have abided by the decision imposed by the CAT and not filed the judicial review to challenge the CAT s decision.
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PUTRAJAYA (Feb 5): The imposition of a RM10 million fine each against AirAsia Group Bhd, its subsidiary AirAsia X Bhd (AAX) and then Malaysian Airline System Bhd (MAS) over their short-lived collaboration was justified as their partnership went against competition laws, said the Malaysia Competition Commission (MyCC) today.
In his submission before the Court of Appeal to uphold the High Court s decision, MyCC counsel Datuk Lim Chee Wee said in 2010, MAS wanted to go head-to-head with AirAsia by having its own subsidiary, low-cost carrier (LCC) Firefly, ply some of the same routes.
He added that the Competition Act 2010 was supposed to promote economic development by promoting and protecting the process of competition, thereby protecting the interests of consumers , as per the act.