Competition Commission Act 2010 · Updated to 1 Nov 2024 · Part III · Functions and Powers of the Commission
16. Functions of the Commission
Feedback & supportThe Commission shall have such functions as specified under the competition laws and shall also have the following functions:
Commission
“Commission” means the Competition Commission established under section 3;
to advise the Minister or any other public or regulatory authority on all matters concerning competition;
Minister
“Minister” means the Minister for the time being charged with the responsibility for matters concerning domestic trade and consumer affairs;
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;
to advise the Minister on international agreements relevant to competition matters and to the competition laws;
competition laws
“competition laws” means this Act and the Competition Act 2010 and includes any subsidiary legislation made under these laws.
to implement and enforce the provisions of the competition laws;
to issue guidelines in relation to the implementation and enforcement of the competition laws;
to act as an advocate for competition matters;
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;
to collect information for the performance of the
Commission’s functions;
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;
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to inform and educate the public regarding the ways in which competition may benefit consumers in, and the economy of, Malaysia;
to consider and make recommendations to the Minister on reforms to the competition laws; and
to carry on such activities and do such things as are necessary or advantageous and proper for the administration of the Commission.