The Malaysia Competition Commission today found MyEG Services Bhd to have infringed Section 10 of the Competition Act 2010 by abusing its dominant position.
MyCC in its statement today said the commission had initiated a ‘proposed decision’ to commence its investigation on MyEG pursuant to the complaints filed by numerous parties.
The investigation found that the MyEG has harmed the level of competition in the selling of mandatory insurance policies; the Foreign Workers Hospitalisation and Surgical Scheme (FWHS) and Foreign Workers Compensation Scheme (FWCS)] for online foreign workers permit renewal applications.
“This follows MyEG competing against other insurance companies in the market. MyEG’s wholly owned subsidiary, MyEG Commerce Sdn. Bhd, is an agent of RHB Insurance Berhad which sells the mandatory insurances,” MyCC.
Full content: The Malaysian Insider
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
House Passes ‘Take It Down Act,’ the First Major AI-Related Federal Regulation
Apr 29, 2025 by
CPI
Michigan Sues Express Scripts, Prime Therapeutics for Alleged Price-Fixing Scheme
Apr 29, 2025 by
CPI
Tech Rivals Testify as FTC Antitrust Trial Against Meta Enters Defining Phase
Apr 29, 2025 by
CPI
Spanish Judge Investigates Nationwide Blackout as Possible Cyber Threat
Apr 29, 2025 by
CPI
Trump Administration Pushes EU to Delay AI Regulations
Apr 29, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Mergers in Digital Markets
Apr 21, 2025 by
CPI
Catching a Killer? Six “Genetic Markers” to Assess Nascent Competitor Acquisitions
Apr 21, 2025 by
John Taladay & Christine Ryu-Naya
Digital Decoded: Is There More Scope for Digital Mergers In 2025?
Apr 21, 2025 by
Colin Raftery, Michele Davis, Sarah Jensen & Martin Dickson
AI In the Mix – An Ever-Evolving Approach to Jurisdiction Over Digital Mergers in Europe
Apr 21, 2025 by
Ingrid Vandenborre & Ketevan Zukakishvili
Antitrust Enforcement Errors Due to a Failure to Understand Organizational Capabilities and Dynamic Competition
Apr 21, 2025 by
Magdalena Kuyterink & David J. Teece