Appellate court dismisses proposed RM86.77mil fine against Grab, subsidiaries

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Appellate court dismisses proposed RM86.77mil fine against Grab, subsidiaries
Malaysian Competition CommissionMyccGrab Inc
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PUTRAJAYA: The Court of Appeal has dismissed the Malaysian Competition Commission ’s appeal to reinstate its RM86.77mil proposed fine against Grab Inc . and its two subsidiaries over the ride-hailing firm's anti-competitive practice.

He also said that the High Court judge did not make any error in his ruling that the investigation carried out by the commission against the companies was tainted with procedural impropriety. On July 6, 2023, Grab Inc., Grabcar Sdn Bhd, and Myteksi Sdn Bhd successfully obtained a certiorari order from the High Court, quashing the proposed fine, leading the commission to appeal the decision.

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Malaysian Competition Commission Mycc Grab Inc Myteksi Federal Court Court Of Appeal Anti-Competitive Practices Ride-Hailing

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