The Malaysia Competition Commission (MyCC) has embarked on an amendment exercise for the Competition Act 2010 and has launched an online public consultation to invite the public and relevant stakeholders to provide their opinions, views, inputs and feedback on the said proposed amendments.
This amendment exercise was undertaken by MyCC to make Malaysia’s competition law more extensive and in line with international practices and for MyCC to effectively perform its statutory function to promote and protect the process of competition in the market. The amendment of the Competition Act 2010 includes the amendment of provisions relating to the investigation and enforcement powers and procedures as well as appeal provisions, taking into account developments on the digital economy; and the introduction of a merger control regime.
Click the link below or visit the Malaysia Productivity Corporation’s Unified Public Consultation (UPC) portal to download the softcopy of the proposed amendments.
CONSULTATION DOCUMENT FOR THE PROPOSED AMENDMENTS OF ACT 712
SALIENT POINTS OF THE PROPOSED AMENDMENTS OF ACT 712
Any opinions, views, inputs and feedback may be submitted by email to MyCC at [email protected] or through UPC’s portal by 27 May 2022. Submissions made after 27 May 2022 will not be accepted and entertained by MyCC.
MyCC will also hold two physical sessions for the same purpose tentatively in June 2022.
PUBLIC CONSULTATION SESSION
For any enquiries, please contact:
[email protected] / 03-2273 2277
Kindly visit MyCC website www.mycc.gov.my for the latest updates regarding the public consultation session and MyCC Competition Law Conference 2022.