News Formal

Two companies insist MyCC’s price-fixing allegations is ‘without merit’

  • 📰 staronline
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 75%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

PETALING JAYA: Two of the five feedmillers accused by the Malaysia Competition Commission (MyCC) for being involved in price-fixing practices in the chicken industry have dismissed the charge as “without merit”.

Responding to MyCC’s allegations, Leong Hup International Bhd and PPB Group Bhd said they would respond within the given time to defend their subsidiaries – Leong Hup Feedmill Malaysia Sdn Bhd, and FFM Bhd, respectively.

However, MyCC said the findings were provisional and the companies were “yet to be found guilty”, and they have 30 days to submit their representation. “The company and Leong Hup Feedmill strongly believe that the allegation of the aforesaid infringement is without merit and intend to defend such allegation vigorously.

The government had earlier banned the export of up to 3.6 million chickens from June 1 in an effort to stabilise the domestic supply and pricing of chicken.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 4. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

MyCC: Five chicken feed companies implicated in anti-competitive behaviourKUALA LUMPUR: Five enterprises have been found to have provisionally entered an anti-competitive agreement within the chicken industry, says the Malaysia Competition Commission (MyCC).
출처: staronline - 🏆 4. / 75 더 많은 것을 읽으십시오 »