Legal Update – Apex Court in Malaysia Dismissed MyCC’s Bid to Review MYR10 million Market Sharing Case Against MAS and AirAsia

On 1 November 2023, the Federal Court (the apex court in Malaysia), presided over by YAA Tan Sri Abang Iskandar Abang Hashim (President of the Court of Appeal) and hearing together with YA Datuk Zabariah Mohd Yusof and YA Datuk Harmindar Singh Dhaliwal, unanimously dismissed the Malaysia Competition Commission’s (“MyCC”) application under Rule 137 of the Rules of the Federal Court 1995 to review an earlier decision made by the Federal Court.

Legal Update – High Court Quashed MyCC’s Proposed Decision against Grab on Grounds of Procedural Impropriety and Breach of Natural Justice

On 2 October 2023, the High Court delivered its full written grounds to quash the proposed decision of Malaysia Competition Commission (“MyCC”) dated 23 September 2019 against Grab Inc. and its subsidiaries, MyTeksi Sdn. Bhd. and GrabCar Sdn. Bhd. (collectively, “Grab”) (“Proposed Decision”) on grounds of procedural impropriety and breach of natural justice.

Infographic: Competition Law on Bid Rigging in Malaysia

Bid rigging undermines the integrity of competitive tender process and often results in inflated prices and a lack of transparency. To combat this unethical behaviour, governments and regulatory bodies around the world have implemented bid rigging laws and regulations.

Beyond “One Share, One Vote”: Listing of Dual-Class Shares on Bursa Malaysia

In conjunction with the tabling of Revised Budget 2023 on 24 February 2023, the Prime Minister and Finance Minister of Malaysia, Datuk Seri Anwar Ibrahim, unveiled the government’s plan to facilitate the listing of dual-class shares on Bursa Malaysia as part of its strategic efforts to promote the listing of local high-growth technology companies on the Malaysian bourse.

Malaysia Health White Paper 2023: Malaysia’s Path to Health System Reform through Public-Private Partnerships

On 15 June 2023, the Malaysia Parliament passed the Health White Paper prepared by the Ministry of Health. The Health White Paper highlights the need for reform towards a more equitable, sustainable, and resilient health system and proposes reforms covering key areas such as service delivery, promotive and preventive approaches, financing, human resources for health and system governance over a 15-year period.