,Malaysia Competition Commission says MCMC regulates mergers within the telecommunications sector and other competition matters through provisions of the Communications and Multimedia Commission Act 1998. – The Malaysian Insight file pic, July 2, 2022.皇冠正网app（www.hg108.vip）是一个开放皇冠正网代理APP下载、皇冠正网会员APP下载、皇冠正网线路APP下载、皇冠正网登录APP下载的皇冠正网平台。皇冠正网APP上最新登录线路、新2皇冠官方正网更新最快。皇冠正网APP开放皇冠官方会员注册、皇冠官方代理开户等业务。
THE Competition Act 2010 applies to all commercial activities within Malaysia but not that of four sectors, which the telecommunications and multimedia sector is one of them, the Malaysia Competition Commission (MyCC) said.
Responding to repeated calls for MyCC to intervene in the proposed merger between Digi Bhd and Celcom Axiata Bhd, MyCC said in a statement today that telecommunications providers’ activities are subject to the scrutiny of the Malaysian Communications and Multimedia Commission (MCMC).
It said MCMC regulates mergers within the telecommunications sector and other competition matters through provisions of the Communications and Multimedia Commission Act 1998.
“In this regard, MyCC leaves matters related to the said proposed merger to the wisdom of MCMC and is certain that it had carried out careful assessment and evaluation before reaching its decisions,” MyCC said.
Its chief executive officer, Iskandar Ismail, said MyCC’s current amendment exercise, which will lead to the introduction of a merger control regime in Malaysia, is on track.
“Again, it must be highlighted that this merger regime will exclude, among others, the sector under the purview of MCMC,” he said.
“We hope that future decisions by MyCC on merger applications will be the main reference and guide for all other authorities in ensuring a consistent and robust policy landscape that will create certainty in the market.” – Bernama, July 2, 2022.