Competition law and the Malaysian financial sector

The main objective of competition law is to promote the process of competition and to ensure that market functions efficiently. 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...

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Main Authors: Abdul Rahman, Nasarudin, Ahamat, Haniff
Format: Article
Language:English
Published: Elsevier 2015
Subjects:
Online Access:http://irep.iium.edu.my/42585/
http://irep.iium.edu.my/42585/
http://irep.iium.edu.my/42585/
http://irep.iium.edu.my/42585/1/Procedia_Social_and_Behavioral_Science.pdf
id iium-42585
recordtype eprints
spelling iium-425852015-04-16T02:36:28Z http://irep.iium.edu.my/42585/ Competition law and the Malaysian financial sector Abdul Rahman, Nasarudin Ahamat, Haniff K Law (General) The main objective of competition law is to promote the process of competition and to ensure that market functions efficiently. 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. In addition, a clear guidance should be formulated to avoid legal uncertainty and unpredictability. Elsevier 2015-01-27 Article PeerReviewed application/pdf en http://irep.iium.edu.my/42585/1/Procedia_Social_and_Behavioral_Science.pdf Abdul Rahman, Nasarudin and Ahamat, Haniff (2015) Competition law and the Malaysian financial sector. Procedia Social and Behavioral Sciences, 172. pp. 74-80. ISSN 1877-0428 http://www.sciencedirect.com/science/article/pii/S1877042815003754 10.1016/j.sbspro.2015.01.338
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 law and the Malaysian financial sector
description The main objective of competition law is to promote the process of competition and to ensure that market functions efficiently. 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. In addition, a clear guidance should be formulated to avoid legal uncertainty and unpredictability.
format Article
author Abdul Rahman, Nasarudin
Ahamat, Haniff
author_facet Abdul Rahman, Nasarudin
Ahamat, Haniff
author_sort Abdul Rahman, Nasarudin
title Competition law and the Malaysian financial sector
title_short Competition law and the Malaysian financial sector
title_full Competition law and the Malaysian financial sector
title_fullStr Competition law and the Malaysian financial sector
title_full_unstemmed Competition law and the Malaysian financial sector
title_sort competition law and the malaysian financial sector
publisher Elsevier
publishDate 2015
url http://irep.iium.edu.my/42585/
http://irep.iium.edu.my/42585/
http://irep.iium.edu.my/42585/
http://irep.iium.edu.my/42585/1/Procedia_Social_and_Behavioral_Science.pdf
first_indexed 2023-09-18T21:00:40Z
last_indexed 2023-09-18T21:00:40Z
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