How is MyCC investigating poultry industry price manipulation?

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MyCC Completes Investigation into Alleged Poultry Price Manipulation

The Malaysian Competition Commission (MyCC) has concluded its investigation into 20 major chicken suppliers concerning allegations of cartel activity that has led to increased poultry prices nationwide. While the findings are not yet public, MyCC has indicated that the probe focused on the actions of industry players that potentially violate Section 4 of the Competition Act 2010. The commission is expected to release its findings to the public once its Standard Operating Procedures (SOPs) are finalised.
Focus on Industry Player Actions Under Competition Act

MyCC's investigation specifically examined a group of poultry industry players whose conduct raised concerns under Section 4 of the Competition Act 2010. This section of the Act pertains to anti-competitive agreements and concerted practices that prevent, restrict, or distort competition. The commission's inquiry aimed to determine if these players engaged in activities that constituted cartel behaviour, thereby manipulating market prices.
Clarification on Political Interference Allegations

Earlier in the year, MyCC had announced it was investigating allegations of political interference in cartel operations within the poultry sector. However, the commission later clarified that its investigations were not directed at specific politicians. Instead, the focus remained on the conduct of the poultry industry players themselves, irrespective of any alleged external influence.
Anticipation of Public Disclosure of Findings

The findings of MyCC's investigation are currently being finalised, with a promise of public disclosure once the commission has fine-tuned its Standard Operating Procedures (SOPs). Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi stated that he could not reveal the results as it was beyond his ministerial jurisdiction, but assured that MyCC would eventually make the information public. This process aims to ensure transparency and provide clarity on the alleged price manipulation within the poultry market.

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How is MyCC investigating poultry industry price manipulation?

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