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ARTICLE · 27 SEPTEMBER 2021

MyCC Fines Warehouse Operators For Price-Fixing

Based on evidence gathered, the Commission concluded that the Operators knew each other and were in constant communication with one another.

MalaysiaAntitrust/Competition Law
In a decision made on 26 July 2021 (the "Decision"), the Malaysia Competition Commission (the "Commission" or "MyCC") imposed financial penalties ranging from RM26,363.03 to RM336,369.13 against seven warehouse operators, namely SAL Agencies Sdn Bhd, WCS Warehousing Sdn Bhd, Regional Synergy (M) Sdn Bhd, Intrexim Sdn Bhd, Pioneerpac Sdn Bhd, Prima Warehousing Sdn Bhd and Interocean Warehousing Services Sdn Bhd (the "Operators").

The Operators are said to have infringed the section 4 prohibition of the Competition Act 2010 (the "CA 2010") by participating in an agreement which has, as its object, the prevention, restriction, or distortion of competition in relation to the market of the provision of handling services of long length and heavy lift of import and export cargo in Port Klang, Malaysia from 22 May 2017 until 9 January 2020 (the "Infringing Agreement".)

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