MyCC reportedly closely monitoring food delivery platforms

The Malaysia Competition Commission (MyCC) is closely looking at food delivery platform companies as the public has raised concerns over the imposing of “exorbitant commission fees” and the price of food items.

According to reports on The Star and The Edge, MyCC is assessing the situation as to whether the conduct of certain food delivery platform companies “is in contravention of the Competition Act 2010 or not".

The MyCC said that along with the Ministry of Domestic Trade and Consumer Affairs, it has met with relevant parties to understand the issues. According to a report on The Edge, MyCC chief executive officer (CEO) Iskandar Ismail said,“Based on the series of meetings held, we have identified several concerns and challenges in the industry in relation to not only competition, but also consumerism. The way forward for us is to actively engage with the food delivery platform provider.” He added that the MyCC will look into the issue from the lens of Competition Act 2010 and check if it raises any competition concern.

Photo courtesy: 123RF

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