KUALA LUMPUR, Sept 3 (Bernama) -- The Malaysia Competition Commission (MyCC), has accepted an official undertaking from the Sabah Tourist Guides Association (STGA). This undertaking was made on behalf of all its 477 members regarding the competition concern in relation to the fixing of tourist guides’ professional fees set by STGA.
To address MyCC’s concerns, the members of STGA have undertaken to rescind the issued Minimum Tourist Guides Professional Fees dated 1 March 2009. They have also undertaken not to hold any form of discussion in relation to the tourist guides’ fees applicable to STGA members. At the same time, the members have also undertaken on halting implementation of the proposed STGA Sabah Professional Guiding Fee Rates discussed at STGA’s Extraordinary General Meeting held on 20 April 2017. The STGA also undertook to remind all members to fully comply with the Competition Act 2010 and will not hesitate to provide full cooperation to MyCC in the event of any future complaints made against their members in the future.
“MyCC has successfully resolved this case which would greatly benefit the consumers and tourism industry in Sabah. Any act of price fixing is prohibited under the Act as it hinders efficiency, innovation and entrepreneurship within the industry and consumers will not be able to enjoy the benefit of quality services, competitive pricing and choices. The MyCC will not hesitate to take stern action against any anti-competitive conducts to protect the interest of Malaysian consumer. We encourage the public to come forward with any information with regards to potential anti-competitive behaviour," said Encik Iskandar Ismail, Chief Executive Officer of the MyCC regarding the matter.
The undertaking is available for public viewing on the MyCC website, www.mycc.gov.my. The undertaking of STGA is attached herewith as Attachement A.
Click here to view the STGA Undertakinghttp://mrem.bernama.com/pdf/STGA%20Undertaking-compressed.pdf
About Malaysia Competition Commission (MyCC)
Established in June 2011, MyCC is an independent body responsible for enforcing the Competition Act 2010, which was implemented to create healthy competition which would in turn stimulate productivity and innovation, thus creating wider choices of products for consumers, with better quality, at reasonable prices. The Act applies to all commercial activities conducted within and outside Malaysia that affect competition in the Malaysian market. It provides a regulatory framework including powers to investigate, adjudicate and impose penalties on the perpetrators of anti-competitive practices/conduct under the competition laws. For more information on the Act and the MyCC’s activities, log on to www.mycc.gov.my.
Click here to view the Editors Notehttp://mrem.bernama.com/pdf/EDITOR%20NOTE.pdf
To address MyCC’s concerns, the members of STGA have undertaken to rescind the issued Minimum Tourist Guides Professional Fees dated 1 March 2009. They have also undertaken not to hold any form of discussion in relation to the tourist guides’ fees applicable to STGA members. At the same time, the members have also undertaken on halting implementation of the proposed STGA Sabah Professional Guiding Fee Rates discussed at STGA’s Extraordinary General Meeting held on 20 April 2017. The STGA also undertook to remind all members to fully comply with the Competition Act 2010 and will not hesitate to provide full cooperation to MyCC in the event of any future complaints made against their members in the future.
“MyCC has successfully resolved this case which would greatly benefit the consumers and tourism industry in Sabah. Any act of price fixing is prohibited under the Act as it hinders efficiency, innovation and entrepreneurship within the industry and consumers will not be able to enjoy the benefit of quality services, competitive pricing and choices. The MyCC will not hesitate to take stern action against any anti-competitive conducts to protect the interest of Malaysian consumer. We encourage the public to come forward with any information with regards to potential anti-competitive behaviour," said Encik Iskandar Ismail, Chief Executive Officer of the MyCC regarding the matter.
The undertaking is available for public viewing on the MyCC website, www.mycc.gov.my. The undertaking of STGA is attached herewith as Attachement A.
Click here to view the STGA Undertakinghttp://mrem.bernama.com/pdf/STGA%20Undertaking-compressed.pdf
About Malaysia Competition Commission (MyCC)
Established in June 2011, MyCC is an independent body responsible for enforcing the Competition Act 2010, which was implemented to create healthy competition which would in turn stimulate productivity and innovation, thus creating wider choices of products for consumers, with better quality, at reasonable prices. The Act applies to all commercial activities conducted within and outside Malaysia that affect competition in the Malaysian market. It provides a regulatory framework including powers to investigate, adjudicate and impose penalties on the perpetrators of anti-competitive practices/conduct under the competition laws. For more information on the Act and the MyCC’s activities, log on to www.mycc.gov.my.
Click here to view the Editors Notehttp://mrem.bernama.com/pdf/EDITOR%20NOTE.pdf
Source: Malaysia Competition Commission (MyCC)
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