Malaysia's MyCC investigates 81 umrah travel firms for suspected price-fixing under Competition Act 2010.

The Malaysia Competition Commission (MyCC) is investigating 81 umrah travel companies, including GISB Travel & Tours, for suspected price-fixing agreements that began in early 2023. The firms may have violated the Competition Act 2010 by colluding to set fixed prices for services. MyCC has proposed financial penalties, allowing the companies 30 days to respond before a final decision is made.

September 30, 2024
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