The Malaysia Competition Commission (MyCC) is in the final stages of completing its investigation into the alleged existence of a cartel that controls the price and production of chicken in the country.
Domestic Trade and Consumer Affairs Deputy Minister Rosol Wahid said several breeders were called to assist in the investigation.
“Thus far, the MyCC is investigating the cartel’s involvement in the price of chicken, and a full report is expected to be tabled this month, whether it is true or otherwise, we will see based on the findings,” he said.
He said this when met after appearing as a guest at a Bernama Radio programme in Kuala Lumpur today.
The MyCC set up a special team in February to investigate allegations of anti-competitive conduct.
The team was to probe the existence of any anti-competitive agreements and/or abuse of dominant position in the market that could cause an increase in the prices of goods.
Meanwhile, Rosol said the decision on extending the subsidy for poultry farmers scheduled to end this Sunday (June 5) would be finalised by the cabinet today.
“We have some suggestions related to the matter and today, the meeting will decide whether to stop or continue but with a slight improvement.
“Maybe the cabinet has other proposals so the decision depends on the cabinet,” he said.
- Bernama
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