Malaysia is widening its efforts to monitor and tackle anti-competitive practices beyond its borders, with the Malaysia Competition Commission (MyCC) forging a new partnership with the Hong Kong Competition Commission (HKCC) to strengthen cross-border enforcement and regulatory cooperation.
The Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali said the two competition authorities have signed a memorandum of understanding (MoU) covering competition policy, legal frameworks and enforcement as business activities increasingly span multiple jurisdictions.
The agreement marks MyCC’s fourth cooperation pact with an overseas competition authority, following similar arrangements with Türkiye Competition Authority, Korea Fair Trade Commission and Philippine Competition Commission.
Armizan shared that under the MoU, MyCC and HKCC will exchange information on key developments in competition law, including legislative amendments, investigation experience and cooperation with other enforcement agencies.
The two sides will also strengthen technical capabilities through training programmes, workshops, temporary officer placements and research collaboration.
Crucially, the partnership will enable both authorities to discuss and address cross-border competition issues, including through bilateral enforcement efforts or cooperation with other international competition regulators.
The minister said MyCC would continue expanding regional and international cooperation to strengthen enforcement capabilities, build institutional capacity and ensure Malaysia’s competition ecosystem remains dynamic and competitive for consumers and the broader economy.
