Tag "Malaysia Competition Commission"
Back to homepageGrab 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 MoreM’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 MoreMyCC 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 MoreLim: 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
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