The Malaysia Competition Commission (“MyCC”) has initiated the process of amending the Competition Act 2010 (“Act”) to introduce merger control regulations and the Ministry of Domestic Trade and Consumer Affairs is planning to table the legislative amendments to the Act by the end of 2021. Once in force, mergers and acquisitions which exceed certain thresholds will need to be reviewed and approved by the MyCC. This will greatly impact the timing, feasibility and structure of transactions in Malaysia.
In brief MyCC issues second abuse of dominance decision, in first finding on exclusive dealing MyCC has fined Dagang Net Technologies Sdn. Bhd. RM 10.3 million for abusing its dominant position by imposing software providers’ exclusivity. This update was published on 13 April 2021, as part of our quarterly newsletter, Asia…
In brief MyCC issues final market review report on wholesale and retail sectors MyCC highlights eight competition issues in the market review report and hints at potential increased collaboration with other governmental agencies to tackle competition issues. This update was published on 16 October 2020 as part of our quarterly newsletter,…
On 15 November 2019, Myanmar’s Directorate of Investment and Company Administration (“DICA”) issued a directive mandating the disclosure of beneficial ownership of companies in Myanmar (“Directive”). The Directive becomes effective on 1 January 2020. Summary The Directive obligates Myanmar incorporated companies and other legal arrangements (trusts, joint ventures, partnerships, associations…
On 5 April 2019, the Malaysian Competition Commission (MyCC) issued the Guidelines on Intellectual Property Rights and Competition Law (Guidelines). The Guidelines are intended to provide guidance on MyCC’s approach in respect of competition issues arising from matters relating to intellectual property (IP). The Guidelines must be read together with…
Introduction The Malaysian Communications and Multimedia Commission (“Commission”) has introduced guidelines which establish a voluntary regime for competition assessments of mergers and acquisitions (“M&As”) in the communications market in Malaysia, pursuant to powers under the Malaysian Communications and Multimedia Act 1998 (“CMA”). Malaysia does not have a merger control regime…
The Competition Appeal Tribunal upheld the Malaysian Competition Commission’s decision that My E.G. Services Berhad and its wholly-owned subsidiary have abused their dominant position in the provision and management of online Foreign Workers Permit renewals.
The Malaysian Competition Commission has initiated a market review on the pharmaceutical sector. What does this mean for companies?
The Malaysian Competition Commission has commissioned an independent non-profit international research and advocacy organisation, to conduct a market review on the pharmaceutical sector in Malaysia.