Understand Competition Law To Compete With Larger Firms, SMEs Advised

KUALA LUMPUR, Nov 14 (Bernama) -- Small and medium enterprises (SMEs) should understand the Competition Law better, as this would enable them to reap the tremendous opportunities available and gain higher profits, while taking businesses to a higher level.

SME Corporation Malaysia Chief Executive Officer Datuk Dr Hafsah Hashim said by doing so, it would indirectly help SMEs understand "the rules of game" for competing in the current competitive international market, and especially for those involved in e-commerce.

"(As) they open up to the world, there is a need to understand how to benefit from this law in competing not just with other SMEs, but also bigger businesses.....