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Competition, competition law and the Malaysian financial sector

Abdul Rahman, Nasarudin and Ahamat, Haniff (2014) Competition, competition law and the Malaysian financial sector. In: Global Conference on Business and Social Science (GBSS 2014), 15-16 December 2014, Kuala Lumpur.

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ABSTRACT The main objective of competition law is to promote the process of competition and to ensure that market functions efficiently. The well-functioning of the market is important for vital economic development. However, competition does not always seem to work well in the financial system. This paper attempts to explore issues that may arise from the application of competition law in the Malaysian financial sector focusing on various forms of collaboration among market players. This paper argues that the cooperations or arrangements need to be assessed on case-by-case basis to see their actual effect on competition rather than treating them under the general object rule. In addition, a clear guidance should be formulated to avoid legal uncertainty and unpredictability.

Item Type: Conference or Workshop Item (UNSPECIFIED)
Additional Information: 6850/40757 Proceedings of Global Conference on Business and Social Science, December 15-16, 2014. GATR Enterprise © 2014 Kuala Lumpur, Malaysia. - (ISBN: 9789679671314708) pp: 1-9
Uncontrolled Keywords: competition, competitive law, financial services market
Subjects: K Law > K Law (General)
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Ahmad Ibrahim Kulliyyah of Laws > Department of Civil Law
Depositing User: Dr Nasarudin Abdul Rahman
Date Deposited: 02 Mar 2015 15:22
Last Modified: 29 Jun 2018 11:00
URI: http://irep.iium.edu.my/id/eprint/40757

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