Malaysia legislation

Section 16

of COMPETITION COMMISSION ACT 2010

Section 16

The Commission shall have such functions as specified under the competition laws and shall also have the following functions:

(a)

to advise the Minister or any other public or regulatory authority on all matters concerning competition;

(b)

to alert the Minister to the actual or likely anti-competitive effects of current or proposed legislation and to make recommendations to the Minister, if appropriate, for the avoidance of these effects;

(c)

to advise the Minister on international agreements relevant to competition matters and to the competition laws;

(d)

to implement and enforce the provisions of the competition laws;

(e)

to issue guidelines in relation to the implementation and enforcement of the competition laws;

(f)

to act as an advocate for competition matters;

(g)

to carry out, as it considers appropriate, general studies in relation to issues connected with competition in the

Malaysian economy or particular sectors of the Malaysian economy;

(h)

to collect information for the performance of the

Commission’s functions;

(i)

to publish, and otherwise raise awareness among persons engaged in commerce or trade and among the public of, information concerning the competition laws and the manner in which the Commission will carry out its functions under the competition laws;

Competition Commission 17

(j)

to inform and educate the public regarding the ways in which competition may benefit consumers in, and the economy of, Malaysia;

(k)

to consider and make recommendations to the Minister on reforms to the competition laws; and

(l)

to carry on such activities and do such things as are necessary or advantageous and proper for the administration of the Commission.

Powers of the Commission