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Act applies to any commercial activity transacted outside Malaysia which has an effect on competition in any market in Malaysia.
Legislation. The Competition Act 2010 prohibits anti-competitive agreements and the abuse of dominant position in the market. The Act has been in force since 1 January 2012.
BRIEFING OVERVIEW. Objective of the Law. Scope of Law. Main Prohibitions. Anti Competitive Agreement. Abuse of Dominant Position. Commission’s Powers. Penalty for Infringement. WHAT IS THE OBJECTIVE OF THE LAW? PROMOTE ECONOMIC GROWTH by. PROMOTING AND PROTECTING THE. PROCESS OF COMPETITION . PROTECTING THE. INTERESTS OF CONSUMERS.
Overview of competition laws. The Competition Act prohibits the following: agreements which have the object or effect of significantly preventing, restricting or distorting competition in Malaysia; and. conduct which amounts to the abuse of a dominant position in a market in Malaysia. 2. Enforcement and administration.
Aug 1, 2018 · The Competition Act 2010 (“Act”) which came into force on 1 January 2012, has a significant impact on how businesses should carry out their daily activities so as not to infringe the various anti-competition prohibitions under the Act. These anti-competition issues may arise from the day-to-day dealings with competitors, joint venture ...
Firms To Watch: Antitrust and competition. Led by Jason Teoh, boutique firm Jason Teoh & Partners provides ‘ exceptional services’ and focuses primarily on infringement of competition law, frequently acting for the Malaysian Competition Committee.
Sep 22, 2020 · Derived from the renowned multi-volume International Encyclopaedia of Laws, this practical analysis of competition law and its interpretation in Malaysia covers every aspect of the...
