CONTRIBUTION OF ASEAN TOWARDS THE GROWTH OF COMPETITION LAW DEVELOPMENT IN MALAYSIA

  • HALIZA A. SHUKOR
  • NAZURA ABDUL MANAP
Keywords: Malaysia; ASEAN, AEC Blueprint 2015;AEC Blueprint 2025; ASEAN Regional Guidelines

Abstract

Malaysia, which is one of the ASEAN member countries, has announced its national competition legislation, known as the Competition Act in 2010 which came intoeffect in 2012. The introduction of the Malaysian national legislation on competition reflects the aim of the ASEAN leaders to encourage ASEAN Member States to introduce their domestic competition law by 2015, to enable ASEAN to become a competitive region. In order to achieve that purpose, efforts have been done at the regional level to assist member countries in moulding their domestic competition law such as establishing the ASEAN Experts Group on Competition and issuing ASEAN Guidelines on Competition Policy. This is to ensure that member countries adopt at least a consistent set of competition rules for effective implementation of the competition law in the region. Hence, this paper seeks to identify assistance extended to the ASEAN member country, particularly Malaysia at the regional level for the purpose of implementing competition law. In addition to that, this paper will analyse to what extend Malaysia has responded towards the recommendations suggested by the ASEAN.This study is a qualitative research and analyses data using content and critical analysis. The result of this study indicates that ASEAN has contributed in shaping the legislative framework of competition law in Malaysia

Published
31-05-2018
How to Cite
A. SHUKOR, H., & MANAP, N. A. (2018). CONTRIBUTION OF ASEAN TOWARDS THE GROWTH OF COMPETITION LAW DEVELOPMENT IN MALAYSIA. Human Sustainability Procedia. Retrieved from https://publisher.uthm.edu.my/periodicals/index.php/hsp/article/view/1117