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MyCC Signs MoU with UPM and MPC
The Malaysia Competition Commission ("MyCC") signed a Memorandum of Understanding (MoU) with the University Putra Malaysia (UPM) and the Malaysia Productivity Corporation (MPC) to formalise the intent of the MyCC, UPM and MPC to promote and develop education and research as well as other activities related to competition law. This is one of the measures aimed at strengthening the implementation of the Competition Act 2010 and furthering the Commission's objective to safeguard a healthy and beneficial competition process for businesses, consumers and the economy.
Among the collaborations that will take place between the MyCC and UPM will be to develop subjects or modules on Competition Law in Malaysia, industrial training opportunities for students and short-term attachment programs for lecturers.
Meanwhile, the MyCC and MPC's collaboration featured the "APEC-OECD Integrated Checklist on Regulatory Reform" that prioritised the insertion of the Competition Impact Assessment (CIA) into the Regulation Impact Analysis (RIA).