MYCC to ensure competitive market practices for diesel

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KUALA LUMPUR: The Malaysia Competition Commission (MyCC) pledged to ensure competitive market practices following the implementation of targeted diese...

: The Malaysia Competition Commission pledged to ensure competitive market practices following the implementation of targeted diesel subsidies in Peninsular Malaysia, effective today.

He said that while MyCC acknowledges the existence of competition in the relevant markets, the commission will closely monitor for any signs of anti-competitive behaviour. “We will act without fear or favour against any players at any level of the supply chain that shows signs of preventing, restricting or distorting competition in any market for goods or services,“ he said today.

He said MyCC welcomes any inquiries or reports from consumers and enterprises and they may do via www.mycc.gov.my or through any other means convenient.

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