Navigating Malaysia's Competition Laws Landscape: A Beginner's Guide To Understanding Anti-Competitive Conducts

Competition between businesses encourages efficiency, innovation and entrepreneurship, which promotes competitive prices, improvement in the quality of products and services and wider choices for consumers. For such benefits to be achieved, competition laws are designed to promote and protect the process of competition thereby protecting the interests of consumers. Generally, below are the main objectives of competition laws:

1. Ensuring 'Fair Play'
   Competition laws prohibit business from making secret deals to fix prices or share the market with the intention to eliminate or reduce competitors; and
2. Preventing 'Bullies'
   If a business becomes too powerful and starts to abuse its powers to unfairly dominate the market and to eliminate other competitors, the competition laws will step in to stop such abuse.