According to a report by Themalaysianinsight on July 2, the Malaysian Competition Commission (MyCC) stated that the Competition Act 2010 applies to all commercial activities within Malaysia , but does not apply to four industries, of which telecommunications is one of them. one.
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In response to repeated calls for the Malaysian Competition Commission (MyCC) to intervene in the proposed merger of Digi Bhd and Celcom Axiata Bhd, MyCC said in a statement today that the activities of the telecom provider are subject to the Malaysian Communications and Multimedia Commission (MCMC) Review.
According to the provisions of the Communications and Multimedia Commission Act 1998, the MCMC manages mergers and other competition matters in the communications field.
MyCC said: "In this regard, MyCC refers matters related to the above proposed merger to MCMC and is satisfied that it has carried out careful assessment and evaluation before making a decision."
Its CEO Iskandar Ismail said that MyCC is currently Revisions are underway which will lead to the introduction of a merger control regime in Malaysia.
(Compiled by: Tu Lihui)
