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Potential M&A in Malaysia Could Soon Face Anti-Monopoly Scrutiny

Jan. 10, 2020, 3:17 AM

Potential acquisitions in Malaysia are set to face scrutiny from the Malaysia Competition Commission as the watchdog seeks the power to vet deals.

The agency known as MyCC plans to have the country’s competition law amended as soon as this year. That would enable it to approve or reject mergers and acquisitions, or to impose conditions on potential deals, Chief Executive Officer Iskandar Ismail said in Kuala Lumpur on Thursday.

Malaysia is one of the few countries in Southeast Asia where its antitrust agency lacks the power to vet mergers and acquisitions. MyCC can only investigate the deals after they...

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