Competition law and the Malaysian financial sector

Abdul Rahman, Nasarudin and Ahamat, Haniff (2015) Competition law and the Malaysian financial sector. Procedia Social and Behavioral Sciences, 172. pp. 74-80. ISSN 1877-0428

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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. 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. In addition, a clear guidance should be formulated to avoid legal uncertainty and unpredictability.

Item Type:	Article (Journal)
Additional Information:	6850/42585
Uncontrolled Keywords:	Competition; competition law; financial services market; loan syndication; co (re) insurance
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:	16 Apr 2015 10:35
Last Modified:	16 Apr 2015 10:36
URI:	http://irep.iium.edu.my/id/eprint/42585

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