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23 June 2022
News Malaysia

KUALA LUMPUR, 23 JUNE 2022 – The 3rd Malaysia Competition Law Conference 2022 with the theme “Digital Economy, Merger and Bid Rigging” was officiated by the Prime Minister of Malaysia, YAB Dato’ Sri Ismail Sabri bin Yaakob who was represented by the Minister of Domestic Trade and Consumer Affairs, YB Dato Sri Alexander Nanta Linggi, at Sunway Resort this morning.

Over 300 local and international participants from more than ten jurisdictions, comprising of government officers, legal practitioners, economists, members of professional bodies, members of financial institutions, academicians, students and many others are participating in this two-full day intensive conference.

This conference seeks to share, discuss, and dissect significant new developments that will impact the future of competition law and the market in Malaysia. Also gathered at this conference is a stellar line-up of more than 40 moderators and panelists from around the world, including United Kingdom, Ireland, Hong Kong, Philippine, Thailand, Singapore, who will be featured in eight stimulating forum discussions on important and trending competition topics such as “The Economic Impact of the Disruption by Digital Economy”, “The Intersection between Bid Rigging and Corruption” and “Formulating Effective Merger and Acquisition Policies for Economic Development”, among others.

“The role of MyCC will be increasingly important and filled with challenges. The government is aware of that. The responsibility to combat cartels, address abusive monopoly and problematic mergers is an uphill task. The Government is therefore prepared to empower MyCC by increasing its human capital and budget,” said YAB Prime Minister in his Keynote Address, which was delivered by the Minister of Domestic Trade and Consumer Affairs at the opening ceremony today.

“I would like to express my deepest appreciation to all the moderators, panelists and participants for involved in this intellectual discourse, sharing amongst others their experience and knowledge at this conference. I hope that all parties including government officials, industry players, strategic partners and all stakeholders who have contributed to the success of this conference will continue to work together to support MyCC in achieving our vision and mission,” said YBhg. Dato’ Seri Mohd Hishamudin Yunus, Chairman of MyCC.