(Kuala Lumpur, 24th) The Malaysia Competition Commission (MyCC) has issued a proposed decision to six companies, alleging their involvement in bid-rigging for 16 quotation documents and one tender issued by the Kluang Prison Authority.
MyCC Chairman Tan Sri Iskandar Ismail said in a statement that the commission's preliminary ruling is that these companies have violated Section 4(2)(d) of the 2010 Competition Act (Act 712).
He said the affected quotations and tender procurements involved amounts ranging from RM30,000 to RM3 million, with a total value of up to RM7.3 million.
“MyCC's investigation showed that these companies engaged in bid-rigging through information exchange, as well as assisting each other to submit bids and bidding documents.”
He added that the agreements in question were intended to seriously hinder, restrict, or distort competition in public procurement at the Kluang Prison Authority.
“It is important to emphasize that the proposed decision at this stage is only preliminary and should not be taken as a conclusive determination that the companies have breached the Competition Act 712.”
He said the companies named in the proposed decision have today received notifications of proposed penalties and instructions, and are required to submit written representations within 30 days from now. They may also make oral representations to the commission on a later date to be determined.
He said MyCC will make its final decision only after taking into account all representations made by the companies and all evidence obtained during the investigation.
MyCC Chairman Tan Sri Iskandar Ismail said in a statement that the commission's preliminary ruling is that these companies have violated Section 4(2)(d) of the 2010 Competition Act (Act 712).
“MyCC's investigation showed that these companies engaged in bid-rigging through information exchange, as well as assisting each other to submit bids and bidding documents.”
He added that the agreements in question were intended to seriously hinder, restrict, or distort competition in public procurement at the Kluang Prison Authority.
“It is important to emphasize that the proposed decision at this stage is only preliminary and should not be taken as a conclusive determination that the companies have breached the Competition Act 712.”
He said the companies named in the proposed decision have today received notifications of proposed penalties and instructions, and are required to submit written representations within 30 days from now. They may also make oral representations to the commission on a later date to be determined.
He said MyCC will make its final decision only after taking into account all representations made by the companies and all evidence obtained during the investigation.