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Malaysia and Competition Law: EC as Comparator

33 Pages Posted: 16 Apr 2008  

Wan Liza Md Amin

affiliation not provided to SSRN

Date Written: April 10, 2008

Abstract

In advent of the 'New Economy' towards globalization and liberalization, Malaysia has placed much importance on creating a competitive environment for the economy. In line with the concept that competition creates efficiency and allows for the reflection of true prices in the market, Malaysia has initiated substantial competition building measures since the mid-1980's.

Some of the steps taken towards deregulation and liberalization included encouragement of foreign investors, privatization of existing and new sectors such as fixed-lined and cellular telecommunications, public utilities and infrastructure; and in promoting high technology trade, especially e-commerce. In addition, Malaysia has also allowed for the increased in foreign equity participation and the diversification of the types and scope of services offered, for example in transportation and Information Technology (I.T.).

The implementation of the said law is exercised in a piece meal as stated above. Merger and takeover also adopt competition policy in its code known as Malaysian Code on takeovers and mergers. However, the code does not address measures of control for merger abuses particularly in corporate merger. This aim of this paper is to discuss whether EC may be use as comparator to Malaysia. This paper will base its discussion on background, history legal system, social, culture and relevant institutions of both countries.

Keywords: EC, Malaysia, competition merger background and comparator

Suggested Citation

Md Amin, Wan Liza, Malaysia and Competition Law: EC as Comparator (April 10, 2008). Available at SSRN: https://ssrn.com/abstract=1119163 or http://dx.doi.org/10.2139/ssrn.1119163

Wan Liza Md Amin (Contact Author)

affiliation not provided to SSRN ( email )

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