MyCC Guideline Series: Financial Penalties and Leniency Regime

The enforcement landscape under the Competition Act 2010 continues to mature, with MyCC refining its approach to penalties and cartel detection. This final part of the MyCC Guidelines Series will delve into the Guidelines on Financial Penalties and the Guidelines on Leniency Regime. These guidelines clarify how penalties are assessed and how enterprises may benefit from leniency in cartel investigations. This article examines both guidelines.

Read more

MyCC Guideline Series: Market Definition

The MyCC’s Guidelines on Market Definition clarify how markets are defined under the Competition Act 2010 and provide valuable insight into the analytical framework applied in investigations under Chapters 1 and 2 of the Act. For businesses operating in Malaysia, understanding this framework is critical, as market definition often shapes the outcome of a competition assessment.

Read more

MyCC Guideline Series: Complaint Procedures

This third instalment turns to a more practical question: how do competition concerns actually reach the Malaysia Competition Commission (‘MyCC’). Understanding MyCC’s complaint procedures is critical not only for complainants, but also for businesses seeking to manage regulatory risk and respond strategically to potential investigations.

Read more

Malaysia Competition Commission (MyCC) Guidelines Series

The Malaysia Competition Commission (‘MyCC’) is an independent body established under the Competition Commission Act 2010 to enforce the Competition Act 2010. The main role of MyCC is to protect the competitive process, benefiting businesses, consumers and the economy. Pursuant to s 66 of the Competition Act 2010, MyCC has the power to issue guidelines for the better carrying out of the provisions of the Competition Act 2010. These guidelines provide guidance on economic and legal analysis to be used in determining cases and principles to be used in determining any penalty or remedy imposed under the Competition Act.

Read more

Maximizing Your Tax Relief in Sports: What Every Malaysian Taxpayer Should Know

In 2024, the Ministry of Youth and Sports, along with the Inland Revenue Board, announced a new tax relief for Malaysian taxpayers for the assessment year 2024. The tax relief covers 103 types of sports listed in the First Schedule of the Sports Development Act 1997 (‘the SDA’). The newly introduced tax relief for sports equipment and sports activities for oneself, parents, spouse, and/or child is up to RM1,000.

Read more

ALB MLA Law Awards 2021 Finalist Badge - Richard Wee Chambers

Visit Us (Head Office):

Level 38, Menara Multi-purpose, 8, Jalan Munshi Abdullah, Commerce Square, 50100 Kuala Lumpur, Federal Territory of Kuala Lumpur,Malaysia

Visit Us (Melaka Branch):

1, 19 & 19-1 Jalan TAKH 15,Taman Ayer Keroh Heights,Hang Tuah Jaya,75450, Malacca, Malaysia

Write To Us:

Give us a call:

HQ: +603 2694 1388Melaka: +606 231 2603

Whatsapp Us:

+6013-902 1388
Subscribe to our Newsletter
Always Get Our Latest News & Events Newsletter!