Competition, Standards and Liberalisation

This SRI documented significant progress in 2012, such as with the enforcement of the Competition Act 2010 in January. The newly-set up Malaysia Competition Commission (MyCC) has taken swift action in addressing cases and enforcing the Act, supplemented by the establishment of the Competition Appeal Tribunal, announced in May 2012. MyCC completed its first case and issued a Final Decision on the case on 6 December 2012.


Competition, Standards and Liberalisation
In addition, the autonomous liberalisation of 17 out of 18 sub-sectors was completed in stages in 2012. The sub-sectors comprise accounting/taxation services, courier services, dental specialists, departmental and specialty stores, incineration services, legal services, international schools, technical and vocational schools, technical and vocational schools for special needs, skills training centres, private higher education with university status, private hospitals, medical specialists, telecommunications (Applications Services Providers) and telecommunications (Network Services Providers/Network Facilities Providers). The remaining sub-sector, Quantity Surveying is expected to be liberalised in 2013.