Malaysia: Implemented Competition Commission Act 2010 (Act 713)

On 1 January 2012, the Competition Commission Act 2010 (Act 713) entered into force. The Act establishes the Competition Commission and designates it as the main enforcement authority in relation to issues about compliance with competition laws. Beyond that, the Act tasks the Competition Commission, among others, with advising the Minister in any matters relating to competition, raising awareness amongst the public, collecting information related to the Commission’s tasks and carrying out any tasks necessary for the proper administration of the Commission.