News Formal

MAS, AirAsia win appeals to quash RM10m fine over market-sharing prohibition breach

  • 📰 malaysiakini
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The court was of the view that MyCC was not a person who is adversely affected by CAT's decision.

Malaysia Airlines and AirAsia Berhad won their appeals today to quash the RM10 million fine imposed on each of them by the Malaysia Competition Commission for breaching a market-sharing prohibition.

A Court of Appeal three-member bench led by Hanipah Farikullah allowed the appeals by both air carriers to reinstate the decision of the Competition Appeal Tribunal which found that they did not infringe Section 4 of the Competition Act 2010...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MAS, AirAsia win bid to quash RM10mil fine over market sharing dealThe Court of Appeal rules that the collaboration agreement was discussed before the Competition Act came into force. FMTNews MAS Airasia MyCC
Source: fmtoday - 🏆 5. / 72 Read more »

MAS, Airasia win appeals to quash RM10 million fine over market-sharing prohibition breach | New Straits TimesNSTnation Malaysia Airlines (MAS) and AirAsia Berhad won their appeals today to quash the RM10 million fine imposed on each of them by the Malaysia Competition Commission (MyCC) for breaching a market-sharing prohibition.
Source: NST_Online - 🏆 17. / 53 Read more »