A vendor sells chicken at a market in Kuala Lumpur on February 3, 2022. — Photo by Yusof Mat Isa
Wednesday 01 June 2022 16:09 MYT
KUALA LUMPUR, June 1 – The Malaysian Competition Commission (MyCC) is about to complete its investigation into the alleged existence of a cartel that controls the price and production of chicken in the country.
Deputy Minister of Domestic Trade and Consumer Affairs Datuk Rosol Wahid said several witnesses among breeders and integrators were also called to participate in the investigation.
“So far the MyCC is investigating the cartel’s involvement in (controlling) the price of chicken and a full report is expected to be filed this month (June), whether it’s true or not we’ll see on the basis of the findings,” he said.
He said this when meeting after appearing as a guest on the program “Jendela Fikir” titled “Larangan Eksport Tepung Gandum India Jejas Bekalan Tempatan?” produced by Bernama Radio here today.
The MyCC had set up a task force in early February to investigate allegations of anti-competitive behavior, including anti-competitive agreements and/or abuse of dominant market position that could lead to higher prices of goods in the market.
Meanwhile, Rosol said the decision on extending the subsidy to poultry farmers which was due to end this Sunday (June 5) would be finalized by the Cabinet today.
“We have some suggestions on this and today the meeting will decide whether to stop or continue, but with a slight improvement. Maybe the Cabinet has other proposals, so the decision is up to the Cabinet,” said he said. — Bernama