ALT ALT

Tag "Malaysia Competition Commission"

Back to homepage

Grab surprised by MyCC’s proposed fine, insists it operated by the book

PUCHONG: Grab says it was shocked by the Malaysia Competition Commission’s (MyCC) proposal to slap the former with a whopping RM86.7 million fine. In a statement today, Grab said that the company had fully complied with the Competitions Act 2010

Read More

M’sia proposes RM86mil fine on Grab for abusive practises

Malaysia’s competition regulator today proposed a fine of more than RM86 million on ride-hailing firm, Grab for violating the country’s competition law by imposing restrictive clauses on its drivers. The Malaysia Competition Commission (MyCC) ruled that Singapore-based Grab, which has

Read More

MyCC probing complaints over Grab’s monopoly

KUALA LUMPUR: Malaysia is advancing an anti-monopoly investigation into Singapore-based Grab Holdings Inc, ramping up a broader government push to bring greater competition to its economy. Malaysia Competition Commission (MyCC) chief executive officer Iskandar Ismail said last week the anti-monopoly

Read More

Lim: Stern action against contractors who form cartel

BUTTERWORTH: Finance Minister Lim Guan Eng said yesterday that contractors found to have been ganging up to win government contracts will have stern action taken against them. He said using such tactics was a clear violation of laws and the

Read More