Malaysia

Poultry issue: MyCC probe into anti-competitive practices slated to complete by end-June

All industry players nationwide subjected to investigations, says minister

Updated 4 years ago · Published on 24 May 2022 10:45PM

Poultry issue: MyCC probe into anti-competitive practices slated to complete by end-June
Domestic Trade and Consumers Affairs Minister Datuk Seri Alexander Nanta Linggi says MyCC had also established a special team in early February to investigate allegations of anti-competitive conduct, including anti-competitive agreements and/or abuse of dominant position in the market that could cause an increase in the prices of goods in the market. – Bernama pic, May 24, 2022

PUTRAJAYA – The Malaysia Competition Commission’s (MyCC) investigation into allegations of anti-competitive conduct in the country’s poultry industry is expected to be completed by the end of June, says Domestic Trade and Consumers Affairs Minister Datuk Seri Alexander Nanta Linggi.

He said MyCC had initiated investigations on all poultry industry players throughout Malaysia, covering upstream and downstream activities.

He said MyCC had also established a special team in early February to investigate allegations of anti-competitive conduct, including anti-competitive agreements and/or abuse of dominant position in the market that could cause an increase in the prices of goods in the market.

“Findings from the investigation will be tabled to the members of the commission which will act as a quasi-judicial body that has the power to decide whether there is a violation of Section 4 of the Competition Act 2010,” he said in a statement here today.

Nanta said if it was found that the cartel’s allegations had a strong basis, the MyCC is expected to issue a Proposed Decision under Section 36 of the same act, and the parties being investigated will be given the opportunity to defend themselves through written and verbal representat