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AirAsia & MAS were fined RM10 million each for violation of Competition Act

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The Malaysia Competition Commission (MyCC) said in a statement that the country’s two dominant carriers would each have to pay a RM10 million (US$3 million) penalty for collaborating to integrate some routes in which they had  earlier competed. “When businesses agree to share markets, they are agreeing to stop competing, at the expense of the […]

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