Did MyCC impose RM10 million fines on MAS and AirAsia?

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MyCC Imposed RM10 Million Fines on MAS and AirAsia for Market Sharing Breach

The Malaysia Competition Commission (MyCC) imposed RM10 million fines on both Malaysia Airlines (MAS) and AirAsia Berhad for breaching market-sharing prohibitions. This decision was affirmed by the Kuala Lumpur High Court in December 2018, though both airlines are now appealing this ruling at the Court of Appeal. The fines specifically pertained to flights operated between January 1 and April 30, 2012, on the Kuala Lumpur-Kota Kinabalu, Kuala Lumpur-Kuching, Kuala Lumpur-Sandakan, and Kuala Lumpur-Sibu routes.
Collaboration Agreement Pre-dates Competition Act

Counsel for AirAsia argued that the initial collaboration agreement between the two airlines was entered into on August 9, 2011. This date precedes the enforcement of the Competition Act 2010, which only came into effect on January 1, 2012. Therefore, the defence contends that the agreement, at its inception, did not contravene any competition laws.
Supplementary Agreement Followed Act's Enforcement

A supplementary agreement between MAS and AirAsia was subsequently entered into on May 2, 2012. This date falls after the Competition Act 2010 had already come into force. However, MAS's legal representation stressed that the core collaboration agreement itself did not infringe the law when it was initially signed in 2011.
MyCC Initiated Case in 2014

The case involving the MyCC and the two airline companies commenced in 2014. At that time, the commission concluded that both MAS and AirAsia had violated the market-sharing prohibition outlined under Section 4(2)(b) of the Competition Act. MyCC had the authority to fine the airlines up to 10 per cent of their global revenue but opted for a lesser penalty due to the airlines' cooperation during the investigations.

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Did MyCC impose RM10 million fines on MAS and AirAsia?

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