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MAS, AirAsia win appeals to quash RM10m fine over market-sharing prohibition breach

MAS, AirAsia win appeals to quash RM10m fine over market-sharing prohibition breach A - Malaysia Airlines (MAS) and AirAsia Berhad won their appeals today to quash the RM10 million fine imposed on each of them by the Malaysia Competition Commission (MyCC) for breaching a market-sharing prohibition. A Court of Appeal three-member bench led by Hanipah Farikullah allowed the appeals by both air carriers to reinstate the decision of the Competition Appeal Tribunal (CAT) which found that they did not infringe Section 4 (2) of the Competition Act 2010. All Access Plan

Malaysia Airlines, AirAsia win appeals to quash RM10m fine over market-sharing prohibition breach | Malaysia

Tuesday, 27 Apr 2021 01:00 PM MYT A Court of Appeal three-member bench led by Justice Datuk Hanipah Farikullah allowed the appeals by both air carriers to reinstate the decision of the Competition Appeal Tribunal (CAT) which found that they did not infringe Section 4 (2) of the Competition Act 2010. Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. PUTRAJAYA, April 27 ― Malaysia Airlines (MAS) and AirAsia Berhad won their appeals today to quash the RM10 million fine imposed on each of them by the Malaysia Competition Commission (MyCC) for breaching a market-sharing prohibition. A Court of Appeal three-member bench led by Justice Datuk Hanipah Farikullah allowed the appeals by both air carriers to reinstate the decision of the Competition Appeal Tribunal (CAT) which found that they did not infringe Section 4 (2) of the Competition Act 2010.

RM50k fines for rojak, burger sellers

RM50k fines for rojak, burger sellers
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LETTER | Has the MyCC protected consumer interests?

LETTER | Has the MyCC protected consumer interests? Modified9:13 am - LETTER | According to the Competition Act 2010, the goal of the law is to “promote economic development by promoting and protecting the process of competition”. The act also specifically states that by doing so it aims to protect the interests of the consumer. Has the Competition Act in fact protected the interests of consumers? The biggest impact on the cost of living for consumers is the increasing price of food. Fomca had strongly advocated for a market review on the food supply chain to ascertain if the high price of foods was due to market manipulation.

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