It is determine whether any feature or combination of features of the market for the selected food items indicate market failure or show signs of competition concerns.
“Before finalising its findings, MyCC will conduct a series of public consultations and would like to call upon the public to participate by contributing opinions, inputs and ideas on the market review. MyCC will then publish a report of its findings and recommendations, as per section 12 of the CA 2010,” it said.
Chief executive officer Iskandar Ismail said the result of the market review would be monumental and crucial, as it helps interested parties such as MyCC and the government understand the market better, and highlight any anti-competitive practices, if any.
“Thus, we welcome views from all relevant stakeholders, in particular from businesses, relevant public authorities, associations and consumers. The result of the public consultation will be duly considered when publishing the final report at the end of July 2019,” he said.