KUALA LUMPUR, June 19 (Bernama) — In light of the recent issue on the cement price hike announcements, the Malaysia Competition Commission (“the Commission”) will focus its efforts to consistently monitor the cement industry in order to complement the Government’s initiative in protecting the welfare of the consumers.
“The Ministry of Domestic Trade and Consumer Affairs (“MDTCA”) has called for a meeting with the cement industry players yesterday. We are currently working closely with the Ministry to provide our input and will further assess the matter under the provisions of the Competition Act 2010 if necessary,” said Iskandar Ismail, Chief Executive Officer of the Commission.