A PYMNTS Company

Malaysia: Nestle goes around MyCC to keep pricing policy

By  |  February 26, 2013

Nestle Sdn Bhd has reportedly decided to abandon its efforts with the Malaysian Competition Commission, or MyCC, to defend its pricing policy and instead take up the issue with the Ministry of Domestic Trade, Cooperatives and Consumerism. MyCC previously asked Nestle to change its pricing policy, which currently prohibits re-sellers from independently pricing the products. MyCC called the practice “anticompetitive.” According to reports, Nestle has withdrawn its individual exemption application first filed with MyCC. In a statement, Nestle maintains that its argument is still valid but has decided to take up the matter with the Ministry.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

     

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Full Content: The Malaysian Reserve

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.