KUALA LUMPUR: The Malaysian Competition Commission (MyCC) will conduct a market review on the wholesale and retail sectors, as it seeks to get a better understanding on the two sectors, said Datuk Seri Saifuddin Nasution Ismail.
The Domestic Trade and Consumer Affairs Minister said the market review on the two sectors followed similar research on the food sector, where the findings are expected to be released this July 31.
“The Ministry of Domestic Trade and Consumer Affairs is the ministry that regulates the wholesale and retail industry.
“Conducting this review is a continuous process, but I ask the MyCC to focus on five items and start them immediately. This is in addition to the supply chain analysis conducted by the ministry,’ he said after launching the 1st EU-ASEAN Competition Week Closing Ceremony here yesterday.
Also present were MyCC chairman Datuk Seri Mohd Hishamudin Md Yunus and its chief executive officer Iskandar Ismail. – Bernama