Knowledge Highlights 21 March 2024
MCMC issues Guidelines on Mergers and Acquisitions and Guidelines on Authorisation of Conduct in telecommunications sector
On 17 May 2019, the Malaysian Communications and Multimedia Commission ("MCMC") issued the Guidelines on Mergers and Acquisitions ("M&A Guidelines") and the Guidelines on Authorisation of Conduct ("Authorisation Guidelines") (collectively, Guidelines") in order to increase transparency and provide clarity on MCMC’s approach when assessing (1) mergers and acquisitions ("M&A") in the telecommunications sector and (2) applications for authorisation of conduct which would substantially lessen competition in the telecommunications market. The Guidelines apply to licensees under the Communications and Multimedia Act 1998 ("CMA").
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