A statutory body established under the Competition Commission Act 2010 (Act 713) for the purpose of enforcing the Competition Act 2010 (Act 712).
To protect the competition process by ensuring enterprises compete in the market to improve quality, provide better choices and offer competitive prices for goods and services.
Anti-competitive agreements between enterprises and the abuse of dominant position.
An agreement between enterprises which operates at the same level or different levels in the production or distribution chain for goods or services that has the objective of significantly preventing, restrcting or distorting competition in the market.
The include fixing a purchase or selling price or any other trading conditions, sharing markets or sources of supply, limiting or controlling production, market outlets, technological development or investment or engaging in bid-rigging.
An enterprise with significant market power engaging in any conduct that can distort the competitive process without reasonable commercial justification.
It includes setting unreasonable purchase or selling prices, or unfair trading conditions, limiting or controlling production, market outlets, technological development or investment to the prejudice of consumers.
Through information and complaints received from consumers, including other enterprises, and the general public, on condition that the information and complaints give rise to suspicion of an infringement. The Commission will also take action;
- in accordance with the Minister's instruction; or
- on its own initiative after conducting a market review.
MyCC may impose a financial penalty of not more than 10% of the worldwide turnover and/or any other direction deemed suitable under Act 712.
Whenever any party suspects the existence of any anti-competitive practices, they can lodge a report by:
- Filling in the e-Complaint Form available at www.mycc.gov.my/e-complaint; or
- Download and print the Complaint Form from www.mycc.gov.my and submit the completed form to MyCC by e-mail to [email protected]; or
- E-mail complaint information to [email protected]; or
- Call MyCC at +603-7773 2277; or
Walk in to the MyCC Office
Malaysia Competition Commission (MyCC)
Level 15, Menara [email protected], No 7, Jalan Stesen Sentral 5,
Kuala Lumpur Sentral, 50623 Kuala Lumpur.
For further information, please visit www.mycc.gov.my