Competition law and the Malaysian financial sector
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...
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2015
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Online Access: | http://irep.iium.edu.my/42585/1/Procedia_Social_and_Behavioral_Science.pdf http://irep.iium.edu.my/42585/ http://www.sciencedirect.com/science/article/pii/S1877042815003754 |
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my.iium.irep.425852015-04-16T02:36:28Z http://irep.iium.edu.my/42585/ Competition law and the Malaysian financial sector Abdul Rahman, Nasarudin Ahamat, Haniff K Law (General) 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. Elsevier 2015-01-27 Article REM application/pdf en http://irep.iium.edu.my/42585/1/Procedia_Social_and_Behavioral_Science.pdf 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 http://www.sciencedirect.com/science/article/pii/S1877042815003754 10.1016/j.sbspro.2015.01.338 |
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K Law (General) Abdul Rahman, Nasarudin Ahamat, Haniff Competition law and the Malaysian financial sector |
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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. |
format |
Article |
author |
Abdul Rahman, Nasarudin Ahamat, Haniff |
author_facet |
Abdul Rahman, Nasarudin Ahamat, Haniff |
author_sort |
Abdul Rahman, Nasarudin |
title |
Competition law and the Malaysian financial sector |
title_short |
Competition law and the Malaysian financial sector |
title_full |
Competition law and the Malaysian financial sector |
title_fullStr |
Competition law and the Malaysian financial sector |
title_full_unstemmed |
Competition law and the Malaysian financial sector |
title_sort |
competition law and the malaysian financial sector |
publisher |
Elsevier |
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2015 |
url |
http://irep.iium.edu.my/42585/1/Procedia_Social_and_Behavioral_Science.pdf http://irep.iium.edu.my/42585/ http://www.sciencedirect.com/science/article/pii/S1877042815003754 |
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13.18916 |