Also known as the Suruhanjaya Persaingan Malaysia in Malay term.
Logo of Malaysia Competition Commission (MyCC)
Established on April 1, 2011 with the purpose of implementing and enforcing the Competition Act 2010 [Act 712] which was gazetted on June 10, 2010 and enforced in January 2012, to promote free and fair market competition for the benefits of consumer welfare and the development of the economy by prohibiting anti-competitive conduct by companies.
Malaysia Competition Commission is empowered to investigate anti-competition behaviours complaints, carry out market reviews and impose penalty on companies found to infringe the provisions of the competition law.
Unlike the US Anti-Trust law, the Competition Act 2010 does not provide for any imprisonment for cartel or abuse of market power practices.
Commercial activities regulated under the following legislation are excluded from the competition law:
Communications and Multimedia Act 1998 (e.g. Internet charges)
Energy Commission Act 2001 (e.g. TNB electric charges)
Petroleum Development Act 1974 and Petroleum Regulations 1974
Aviation Commission Act 2015
The official website of the Suruhanjaya Persaingan Malaysia features:
Legal Framework: Legislation, Policy, Guidelines, Online Public Consultation
Decision: Case and Undertaking
Advocacy: Programmes and Events, Research Grant Programme, 1st Mooting Contest on Competition Law, Seminar, Forum on Competition Law
Reporting to MyCC: Complaint Procedures and Form, e-Complaint, Applying for Leniency or Exemption