BUSINESS

MYCC WELCOMES PUBLIC FEEDBACK ON ITS MARKET REVIEW FOR SELECTED TRANSPORTATION SECTORS IN MALAYSIA

22/06/2021 01:12 AM

KUALA LUMPUR, June 21  -- The Malaysia Competition Commission (MyCC) is inviting the public and stakeholders to take part in a public consultation on the Market Review under the Competition Act 2010 for Selected Transportation Sectors in Malaysia (Port Logistics Ecosystem and Motor Vehicle Warranty).

In a statement today, MyCC said the market review was conducted to better understand the market structure, to assess market activities along the supply chain and to determine any feature or combination of features of the market that may indicate prevention, restriction or distortion of competition. 

The market review focuses on two selected transportation sub-sectors, namely port logistics ecosystem covering the process of importation and exportation of goods and motor vehicle warranty covering the warranty restriction related to passenger and commercial vehicles.

"In line with the powers given to MyCC, the market review will also study in detail the structure of both markets, the conduct of the relevant market players, suppliers, and consumers and other matters such as regulatory and policy issues," it said.  

Chief Executive Officer Iskandar Ismail said the softcopy of the market review has been made available on the MyCC website starting June 18, 2021. It will be open for viewing up until July 2, 2021. 

He said any feedback or input may be submitted through the MyCC website or through an email to the secretariat at bed@mycc.gov.my.

MyCC will also hold two online sessions for the same purpose with the first session on June 24 from 8.30am to 12.30pm, where MyCC will be holding a session for the private sectors (industry players, associations, NGOs, etc) and the public. 

Interested parties are required to register through MyCC website at www.mycc.gov.my by June 23. 

The second session is for government officials the next day on June 25 (Friday 8.30am to 12.30pm). 

-- BERNAMA


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