MyCC: Decision on airlines by year-end [New Straits Time (Malaysia)]
(New Straits Time (Malaysia) Via Acquire Media NewsEdge) KUALA LUMPUR: The Malaysia Competition Commission (MyCC) will make a final decision on its case against Malaysia Airlines System (MAS) and AirAsia Bhd by year-end, after the two airlines presented their side of the story, said the chairman of its working committee on advocacy, Datuk Dr S. Sothi Rachagan.
Last month, MyCC said it would fine both airlines by up to RM10 million each for infringing Section 4(2)(b) of the Competition Act 2010 by entering into an agreement that saw the two airlines sharing markets in the air transport services sector within Malaysia.
Sothi said the two airlines will be making their oral representations soon.
"We will come back with a final decision after that," he said yesterday after launching the MyCC Research Grant Programme (RGP).
The role of MyCC's working committee on advocacy, which was formed in June 2011 to enforce the Competition Act 2010, is to protect the competitive process for the benefit of businesses, consumers and the economy.
Meanwhile, MyCC chief executive officer Shila Dorai Raj said it has nine priority cases under investigation this year, four of which are on trade associations.
However, she declined to name the four as the investigations are ongoing.
Ongoing cases include those against container depot operators, Megasteel Sdn Bhd and Pan-Malaysia Lorry Owners Association.
To date, Malaysia's competition watchdog has proposed a block exemption for liner shipping agreements.
No other exemptions have been given.
On the RGP, MyCC has awarded eight academicians from local universities with grants of up to RM200,000.
Sothi said research related to competition issues is vital to shape competition policies, laws, strategies and advocacy activities.
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