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Malaysia: 14 companies for bakery price fixing

 |  March 3, 2015

The Malaysia Competition Commission (MyCC) has fined 14 members of the Sibu Confectionery and Bakery Association for their involvement in fixing the price increase of between 10% and 15% on confectionery and bakery products.

In a statement on Tuesday, MyCC said the decision came after its investigation into a price fixing agreement between 24 enterprises which found 15 of them had infringed the Competition Act.


Full Content: MSN News


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