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- W3080087115 abstract "Unilateral pricing conduct of business entities remains a controversial part ofcompetition laws. For a country like Malaysia that is in its infancy on this aspect of the laws,enacting such laws invites the question of whether it should rely on existing laws andjurisdictions of established and developed countries, and if that should be the case, theextent of their transplantation. Or, conversely, if it is to enact the laws based entirely onlocal considerations, the issue of whether it is capable of producing the best laws for thisend. This thesis aims to conduct an economic and legal analysis of unilateral pricingconduct with a view of determining the appropriate regulation of such conduct in Malaysia.More specifically, it aims to examine whether the laws and guidelines issued by theMalaysian Competition Commission, the body responsible for the enactment of Malaysia’scompetition laws, are in the correct and right track. This thesis finds that the size and state of the economy have significant impact oncompetition policies. In view of this, this thesis suggests that economic policies and practicesshould be given important consideration in the enactment of competition laws as any lawsthat are not commensurate with the economic conditions of a country can haverepercussions on the economy and the businesses. Malaysia is faced with the challenges to design competition policies and laws thatwould support a free economy minus the problems of manipulation in its economic andbusiness undertakings. This is especially the case of unilateral pricing conduct regulationwhere the protection of a free market somehow often clashes with competitive pricingstrategies and management. Any liberal approach taken by the Malaysian authorities will bedeemed anti-consumerism. On the other hand, a more stringent approach will be criticizedby the Malaysian market as chilling the economyIn order to provide a framework for the analysis, the thesis draws on the approachestaken by the European Union (‘EU’), the United States (‘US’), Australia and Singapore.These approaches will be critically examined, reviewed, and compared with the approachtaken by the Malaysian regulator with the aim of determining the most appropriate approachthat should be taken by the Malaysian authorities. This study moots and proposes that certain aspects of the current legislature inMalaysia need to be amended. Malaysian laws should adopt the approaches taken by theEU, the US, Australia, and Singapore. In this regard, the Malaysian legislature seems to bestruggling in trying to incorporate the latest approach taken in the EU and the US in certainaspects. Malaysia should have also consider the approaches taken by the Australian andSingaporean laws and courts due to their similarities as small, open, and developingeconomies." @default.
- W3080087115 created "2020-09-01" @default.
- W3080087115 creator A5041570474 @default.
- W3080087115 date "2018-04-13" @default.
- W3080087115 modified "2023-09-24" @default.
- W3080087115 title "Dominants’ Unilateral Pricing Strategies in Malaysia: A Comparative and Critical Economic and Legal Analysis" @default.
- W3080087115 doi "https://doi.org/10.4225/03/5aaa82ff8c55e" @default.
- W3080087115 hasPublicationYear "2018" @default.
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