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Malaysia: Tribunal orders Competition Commission to return fines to AirAsia

By  |  February 4, 2016

The Competition Appeal Tribunal has set aside RM10 million fines imposed by the Malaysia Competition Commission on two Malaysian carriers, AirAsia and MAS, for allegedly breaching market sharing prohibition under the Competition Act 2010.

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    High Court judge Justice Hasnah Hashim, who chaired the five member tribunal panel, allowed both airlines’ appeal on the RM10 million fines by MyCC. “In our unanimous view, we found there was no infringement of Section 4(2) of the Competition Act,” said Justice Hasnah.

    Other members of the tribunal panel included former Chief Judge of Malaya Haidar Mohamed Noor, Sulaiman Mahbob, Lin See-Yan and Wan Liza Md Amin.

    The panel also ordered the fines paid to be refunded to the two airlines.

    Full content: Nikkei

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