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MyCC Issues Proposed Decision against Eight (8) IT Companies for Bid Rigging

2019, Malaysia, Anticompetitive Agreeement

The Malaysia Competition Commission ("MyCC") had issued a Proposed Decision against eight (8) enterprises for their involvement in bid rigging of Request for Quotations (RFQs) and tenders valued at RM 1.92 million submitted to Akademi Seni Budaya dan Warisan Kebangsaan (ASWARA); a public higher learning institution in the field of performance arts in Malaysia.

MyCC had initiated an investigation on the eight (8) enterprises found colluding with each other by sharing each other’s RFQs and tender proposal information, manipulating prices and preparing documents for one another. The winner of the RFQs and tender also shared their profits with the losing bidders.