Knowledge Highlights 29 April 2022
Merger Control on the Horizon
On 25 April 2022, the Malaysia Competition Commission (“MyCC”) published a consultation paper and a document setting out the salient points of the MyCC’s proposed amendments (“Proposed Amendments”) to the Competition Act 2010.
The Proposed Amendments include refinements to existing provisions and new provisions including, most crucially, the introduction of a hybrid merger control regime. The hybrid merger control regime will entail a mandatory pre-notification regime for mergers that meet the prescribed threshold, and a voluntary pre-notification regime for mergers that do not meet the prescribed threshold.
This Alert examines the key Proposed Amendments by the MyCC.
This is the third article in a series on merger control. The first article, titled “Merger Control”, explains the concept of merger control under competition laws and discusses the general concepts of mandatory and voluntary notification regimes. The second article, titled “Merger Control: General Guide to Filing” discusses the process and timelines involved in a merger control filing.
To read this article, please click here.