Competition law in malaysia

  • What is anti competition law Malaysia?

    Anti-competitive agreements and other conduct.
    The Competition Act prohibits agreements between enterprises that have either the object or effect of significantly preventing, restricting or distorting competition in Malaysia..

  • What is competition law in Malaysia?

    This is Part 1 of a high-level review of Malaysia's anti-competition legislation.
    Competition law, also known as anti-trust law in some jurisdictions, is the applicable legislation that provides a legal framework with the aim to promote fair competition and prevent anti-competitive practices in the marketplace.Aug 15, 2023.

  • What is the competition law in Singapore?

    The Competition Act was enacted to provide a generic competition law to protect consumers and businesses from anti-competitive practices of private entities.
    The Competition Act has three prohibitions.
    The regulations and orders are made pursuant to the powers conferred under the Competition Act 2004..

  • What is the competition policy in Malaysia?

    The Malaysian Competition Act of 2010 and the Competition Commission Act of 2010 regulate and control anti-competitive conduct by businesses and protects consumers and businesses against monopolies and dominant market players.
    The Act focuses on two main areas: Anti-competitive agreements; and..

  • What is the law of competition in Singapore?

    The Competition Act prohibits anti-competitive activities.
    Specific prohibited activities include agreements that prevent, restrict or distort competition, abuse of dominance and mergers that substantially lessen competition..

  • What is the Malaysia Competition Act 2010?

    The Competition Commission Act 2010 empowers the Malaysia Competition Commission (MyCC) to carry out functions, such as to implement and enforce the provisions of the Competition Act 2010, issue guidelines in relation to the implementation and enforcement of the competition laws, act as an advocate for competition .

  • What is the objective of competition law in Malaysia?

    This is Part 1 of a high-level review of Malaysia's anti-competition legislation.
    Competition law, also known as anti-trust law in some jurisdictions, is the applicable legislation that provides a legal framework with the aim to promote fair competition and prevent anti-competitive practices in the marketplace.Aug 15, 2023.

  • What is the penalty for competition law in Malaysia?

    If an infraction is discovered, MyCC may impose a financial penalty of up to 10% of the enterprise's global turnover for the time period in question.
    According to the Competition Act, MyCC may impose any pecuniary fine, regardless of how small.Dec 12, 2022.

  • The Competition Act 2010 (Act 712) ("the Act") was enacted in order to protect the interests of consumers by the promotion of competition and the prohibition of anti-competitive practices.
    The Act is broken up into several parts as follows: Part I - Preliminary.
    Part II - Anti Competitive Practices.
  • The Competition Act prohibits anti-competitive activities.
    Specific prohibited activities include agreements that prevent, restrict or distort competition, abuse of dominance and mergers that substantially lessen competition.
  • The Competition Act was enacted to provide a generic competition law to protect consumers and businesses from anti-competitive practices of private entities.
    The Competition Act has three prohibitions.
    The regulations and orders are made pursuant to the powers conferred under the Competition Act 2004.
The Malaysian Competition Act, 2010 (“CA”), which came into force on 1 January 2012, is the key legislation in Malaysia. The CA applies to agreements or conduct that commenced or continues after that date.
A key part of its objective, is to promote economic efficiency and maximize consumer welfare. The Malaysian Competition Act, 2010 (“CA”), which came into force on 1 January 2012, is the key legislation in Malaysia. The CA applies to agreements or conduct that commenced or continues after that date.
The Competition Act prohibits agreements between enterprises that have either the object or effect of significantly preventing, restricting or distorting 

Abuse of Dominant Position

Section 10(1) of the Act prohibits any business from engaging (independently or collectively) in any conduct that amounts to the abuse of a dominant position in any market for goods or service.


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