Malaysian $20-million bid-rigging fine has 'no merit,' companies claim
By Dalila Abu Bakar ( March 25, 2025, 04:50 GMT | Insight) -- The Malaysian antitrust regulator’s recent bid-rigging decision against eight companies has “no merit” because the public-works tenders in question had involved some 200 companies, a director for one of the companies told MLex ahead of their planned appeal. The Malaysia Competition Commission’s decision, however, outlined the direct evidence it found to prove the collusion, including a document that outlined the bid submission prices of all the parties.The Malaysian antitrust regulator’s recent bid-rigging decision against eight companies has “no merit” because the public-works tenders in question had involved some 200 companies, a director for one of the companies told MLex ahead of their planned appeal. ...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.