28 July 2023

On 7 June 2023, the Malaysia Competition Commission (“MyCC”) stated that it would join forces with the Ministry of Domestic Trade and Cost of Living to manage issues surrounding the supply and sale of sugar in the market.

MyCC highlighted the various issues surrounding the sugar market as including purported hoarding, conditional sales, and refusals to supply.

MyCC is actively monitoring the sector and urges participants from both the downstream and upstream market to not engage in any conduct which would exclude producers or wholesalers and to also ensure that their activities and policies are in line with relevant laws, particularly the Competition Act 2010.