MyCC Issues Proposed Decision against 7 Warehouse Operators for Price Fixing Cartel
The Malaysia Competition Commission ("MyCC") has issued a Proposed Decision against seven warehouse operators for infringing Section 4 of the Competition Act (Act 712) in relation to the price fixing of surcharges on Long Length Handling and Heavy Lift Handling services.
Based on the investigation, MyCC has provisionally found that, the following operators: -
1) Regional Synergy (M) Sdn. Bhd.;
2) WCS Warehousing Sdn. Bhd.;
3) Pioneerpac Sdn. Bhd.;
4) Interocean Warehousing Service Sdn. Bhd.;
5) Intrexim Sdn. Bhd.;
6) SAL Agencies Sdn. Bhd.;
7) Prima Warehousing Sdn. Bhd.;
were engaging in a price fixing conduct in relation to the rates for Long Length Handling Surcharge and Heavy Lift Handling Surcharge for all import and export cargoes in Northport and Westport areas in Port Klang. In addition, MyCC also found, through an online platform conversation, that most of the warehouse operators had implemented the price fixing rates upon their respective customers.