Competition, competition law and the Malaysian financial sector

ABSTRACT The main objective of competition law is to promote the process of competition and to ensure that market functions efficiently. The well-functioning of the market is important for vital economic development. However, competition does not always seem to work well in the financial system. Th...

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Main Authors:	Abdul Rahman, Nasarudin, Ahamat, Haniff
Format:	Conference or Workshop Item
Language:	English
Published:	2014
Subjects:	K Law (General)
Online Access:	http://irep.iium.edu.my/40757/ http://irep.iium.edu.my/40757/1/GCBSS-IREP.pdf

id	iium-40757
recordtype	eprints
spelling	iium-407572018-06-29T03:00:50Z http://irep.iium.edu.my/40757/ Competition, competition law and the Malaysian financial sector Abdul Rahman, Nasarudin Ahamat, Haniff K Law (General) ABSTRACT The main objective of competition law is to promote the process of competition and to ensure that market functions efficiently. The well-functioning of the market is important for vital economic development. 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 rather than treating them under the general object rule. In addition, a clear guidance should be formulated to avoid legal uncertainty and unpredictability. 2014 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/40757/1/GCBSS-IREP.pdf Abdul Rahman, Nasarudin and Ahamat, Haniff (2014) Competition, competition law and the Malaysian financial sector. In: Global Conference on Business and Social Science (GBSS 2014), 15-16 December 2014, Kuala Lumpur.
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	K Law (General)
spellingShingle	K Law (General) Abdul Rahman, Nasarudin Ahamat, Haniff Competition, competition law and the Malaysian financial sector
description	ABSTRACT The main objective of competition law is to promote the process of competition and to ensure that market functions efficiently. The well-functioning of the market is important for vital economic development. 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 rather than treating them under the general object rule. In addition, a clear guidance should be formulated to avoid legal uncertainty and unpredictability.
format	Conference or Workshop Item
author	Abdul Rahman, Nasarudin Ahamat, Haniff
author_facet	Abdul Rahman, Nasarudin Ahamat, Haniff
author_sort	Abdul Rahman, Nasarudin
title	Competition, competition law and the Malaysian financial sector
title_short	Competition, competition law and the Malaysian financial sector
title_full	Competition, competition law and the Malaysian financial sector
title_fullStr	Competition, competition law and the Malaysian financial sector
title_full_unstemmed	Competition, competition law and the Malaysian financial sector
title_sort	competition, competition law and the malaysian financial sector
publishDate	2014
url	http://irep.iium.edu.my/40757/ http://irep.iium.edu.my/40757/1/GCBSS-IREP.pdf
first_indexed	2023-09-18T20:58:26Z
last_indexed	2023-09-18T20:58:26Z
_version_	1777410461135798272

Competition, competition law and the Malaysian financial sector

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