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The big squeeze: Monopolies and the stifling of Malaysian businesses


International , Business Review (2013) The big squeeze: Monopolies and the stifling of Malaysian businesses. (28 June 2013). in International Business Review, p. pp. 42-45.

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Abstract

By definition, a monopoly is a company or group which controls all or nearly all of the market for a given product or service. As any competition is rendered ineffective, a major problem is that consumers are at the mercy of the monopoly which can raise prices or lower quality or both, without any worry of being affected by negative market reaction. While both the EU and the United States have competition or antitrust laws to prevent predatory monopolies from taking form, such a concept has only recently been introduced to Malaysia. Furthermore, despite the passing of a Competition Act and the setting up of the Malaysia Competition Commission, monopolies still dominate certain sectors of Malaysia's economy.

Item Type: Newspaper
Subjects: H Social Sciences > HG Finance
Divisions: UNSPECIFIED
Depositing User: Mrs. Siti Syariza Mohamad Radzi
Date Deposited: 30 Sep 2013 01:01
Last Modified: 30 Sep 2013 01:01
URI: http://repo.uum.edu.my/id/eprint/9153

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