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On 25 April 2022, the Malaysia Competition Commission ("MyCC") launched an online public consultation on proposed amendments to the Malaysian Competition Act 2010 ("Act"). Key amendments include (i) introduction of a merger control regime; and (ii) amendments to increase MyCC's investigation and enforcement powers and enhance its procedures.
This is the second part of a two-part client alert on proposed amendments to the Act, and sets out the key proposed amendments intended to strengthen MyCC's investigation and enforcement powers. These amendments are expected to come into force by end of 2022, subject to parliamentary approval by October 2022.
Click here to read the full alert.
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