The Malaysia Competition Commission has handed down a whopping RM415.5 million fine to five poultry feed companies after being found to have jointly fixed prices for their products in the local chicken-rearing industry.
The Malaysia Competition Commission has failed in its application to review the Federal Court’s previous decision in refusing to give the regulatory body leave to pursue its appeal to reinstate RM10 million in fines imposed on Malaysian Airlines and AirAsia Bhd for breaching a market-sharing prohibition.
This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source
