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PETALING JAYA: The decision by the Competition Appeal Tribunal (CAT) in redefining price-fixing agreements or cartels could potentially have a far-reaching impact across various industries.
The tribunal had found that the setting of minimum hourly labour rates and trade discounts on automotive part prices, as in the arrangement between Persatuan Insurans Am Malaysia (PIAM) and the Federation of Automobile Workshops Owners’ Association of Malaysia (FAWOAM), does not tantamount to price-fixing.
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