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May 19, 2024 -Sunday

 
  MYCC ORGANISES SEMINAR ON BID RIGGING AND COMPETITION COMPLIANCE IN SABAH

Thursday 08/08/2019


From left: YB Datuk Seri Saifuddin Nasution Ismail, Minister of MDTCA, YAB Datuk Seri Panglima Haji Mohd Shafie Haji Apdal, the Chief Minister of Sabah, YBhg. Dato' Seri Mohd Hishamudin Md Yunus, Chairman of the MyCC and Iskandar Ismail, CEO of MyCC during the press conference of the event.



KOTA KINABALU, Aug 8 (Bernama) -- The Malaysia Competition Commission (MyCC) organised a competition law seminar for government officials who are directly involved in public procurement processes. This seminar marks the first MyCC advocacy program in Sabah and will continue on in Tawau and Sandakan. In conjunction with the seminar, the MyCC also launched its revamped website and e-Learning System on Competition Compliance which was officiated by YAB Datuk Seri Panglima Haji Mohd Shafie Haji Apdal, the Chief Minister of Sabah in the presence of YB Datuk Seri Saifuddin Nasution Ismail, Minister of Domestic Trade and Consumer Affairs and YBhg. Dato' Seri Mohd Hishamudin Md Yunus, Chairman of the MyCC.

This seminar is part of MyCC’s continuous effort to educate government officers on how to detect and combat bid-rigging activities in public procurement procedures. “A competitive bidding process will enable public organisations to get better value for money, thus, freeing resources for use on other goods or services. Bid rigging is prohibited in Malaysia by section 4(2)(d) of the CA 2010 and is deemed to be a hardcore cartel,” said YB Datuk Seri Saifuddin Nasution Ismail, Minister of Domestic Trade and Consumer Affairs.

Besides that, the e-Learning System on Competition Compliance which was introduced by the MyCC in March 2017 can be used by industry players and government agencies to obtain a better understanding of the Competition Act 2010. There are five modules in this e-Learning System which explains what are the infringements under certain provisions as well as practices that should be avoided at all times. There is also a checklist for users to self-assess their compliance with the relevant provisions of the CA 2010 as well as considerations that should be taken into account.

This system is available at http://elearning.mycc.gov.my. For further information, please refer to our website at www.mycc.gov.my.

About Malaysia Competition Commission (MyCC)

Established in June 2011, MyCC is an independent body responsible for enforcing the Competition Act 2010, which was implemented to create healthy competition which would, in turn, stimulate productivity and innovation, thus creating wider choices of products for consumers with better quality and competitive prices.

The Act applies to all commercial activities undertaken within and outside of Malaysia that affect competition in the Malaysian market. It provides a regulatory framework including powers to investigate, adjudicate and impose penalties on the infringing parties.

For more information on the Act and MyCC activities, log on to www.mycc.gov.my.

Source: Malaysia Competition Commission (MyCC)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Noor Khalijah Mazlan
Communication and Advocacy Division
Malaysia Competition Commission
Tel: +603 2273 2277 (ext 702)
Email: khalijah@mycc.gov.my

--BERNAMA

 
 
 

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