MyCC invites public, enterprises and stakeholder to assist probe into chicken, egg industry

  • 📰 staronline
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 75%

United States News News

United States United States Latest News,United States United States Headlines

PETALING JAYA: Enterprises, relevant stakeholders and the public are invited to assist with the Malaysia Competition Commission (MyCC) investigation into the chicken and egg industry.

“Interested parties are advised to contact MyCC by telephone at 03-2273 2277 or email at complaints@mycc.gov.my,” it said in a statement on Wednesday .

The Commission said it has made considerable inroads in its investigation including conducting raids and recording statements of the relevant enterprises and persons, which were carried out as recently as Tuesday . “At the same time, MyCC is pleased to announce that it has received strong support and cooperation in its investigation. This includes parties who have indicated their willingness to explore applying for leniency under Section 41 of the Competition Act 2010 to cooperate with MyCC on the same,” it added.

The commission announced on Feb 1 that it had set up a special task force to investigate competition issues related to the chicken and egg industry, following a directive from the National Action Council on Cost of Living meeting chaired by Prime Minister Datuk Seri Ismail Sabri Yaakob. Parties found guilty of transgressing competition laws will be subjected to the imposition of maximum penalties and other stern action, MyCC had previously said.

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:

 /  🏆 4. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines