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 yesterday.
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Over 300 local and international participants from more than ten jurisdictions, comprising government officers, legal practitioners, economists, members of professional bodies, members of financial institutions, academicians, students and many others are participating in this two-day intensive conference.
The 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 panellists from around the world, including the United Kingdom, Ireland, Hong Kong, Philippines, Thailand, and 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 the YAB Prime Minister in his Keynote Address, which was delivered by the Minister of Domestic Trade and Consumer Affairs at the opening ceremony.
“I would like to express my deepest appreciation to all the moderators, panellists and participants for being 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.