HOME CONTACT
GET FREE E-MAIL ALERTS  
 
Monday, 12 March 2012, 16:21 MST
 
 
HEADLINES TODAY
 
HEADLINES THIS WEEK
 
COMPLETE NEWS LIST
 
MALAYSIAN LAW PORTAL
 
NEWS
LEGISLATION
JUDGMENTS
REGULATORY
EVENTS
BOOKS & ARTICLES
STUDENTS
INDUSTRY UPDATES
NEWS
MYCC to investigate if AirAsia-MAS Share Swap has made Airfares go up
PETALING JAYA: The Malaysia Competition Commission (MYCC) wants AirAsia Bhd and Malaysia Airlines (MAS) to provide more information and documents regarding their share swap agreement to find out if it could potentially put air travellers at a disadvantage.

The MYCC, which began operations yesterday, would continue its probe if there was a breach of anti- competitive behaviour and abuse of dominant position in the deal which was signed in August.

It is also surprising that no one has lodged a complaint with the commission regarding the AirAsia/MAS share swap and collaborative deal even though it was widely criticised by many quarters.

The share swap and collaboration agreement forged between the two airlines had raised concerns that the absence of competition would result in more expensive airfares.
[Click here to view the full text]
E-mail this Story
Print this Page
Share via Facebook
Source : The Star
Date of  Publication : Wednesday, 04 January 2012
Original Title : MYCC to investigate if AirAsia-MAS share swap has made airfares go up
The above/attached materials are sourced from the website of the official/original source. You shall not reproduce the above/attached materials in whole or in part without the prior written consent of the original/official source. Neither the Publishers nor the official/original source will be liable for any loss, injury, claim, liability, or damage caused directly, indirectly or incidentally to errors in or omissions from the above/attached materials. The Publishers also disclaim and exclude all liabilities in respect of anything done or omitted to be done in reliance upon the whole or any part of the above/attached materials. The access to, and the use of, the MLTIC web portal and contents herein are subject to the Terms of Use.
 
 
 
SUPPORTING ORGANIZATIONS
BOARD OF ADVISORS
Syed Naqiz Shahabuddin
Partner, Naqiz & Partners
Tan Hon Yik
Partner, Naqiz & Partners
Khairul Ismail
Partner, Naqiz & Partners
 
MORE NEWS
Deadline for Jakim Halal Logo Display is 31 May
SSM to introduce a more Competitive Companies Act
Ignorance is No Excuse, Judge tells Car Dealer
Consumer Claims Tribunal solves 366 Cases involving Foreign Tourists
MyCC prioritises Advocacy Activities to ensure Success
ROS given Nod to Appeal against Setting Aside of SNAP-s De-registration
Court dismisses Judicial Review Application of Bursa's Enforcement Actions
Islamic Hire Purchase Bill Draft in Final Stage, says Ismail Sabri
SC looking at whether to publicise Rulings
Malaysia, Australia to sign Trade Pact in May
 
© Muttath Knowledge Management Services Sdn Bhd
About
Terms of Use
Disclaimer
Privacy Policy
RSS Feeds
Sitemap
Resources