Chicken Feed Cartel Foul Play
Iskandar Ismail, CEO, Malaysia Competition Commission (MyCC)
28-Dec-23 08:30
![Chicken Feed Cartel Foul Play](https://bfmcms.s3.ap-southeast-1.amazonaws.com/websiteimages/morning-brief/2023-12-28_mycc-chicken-cartel-dindings-poultry-leong-hup-fine/og_212af056-7cc8-4541-b2c6-5b994220bbd8.png)
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The Malaysia Competition Commission has imposed a RM415 million ringgit fine on five major chicken feed companies, its largest fine to date. They were found guilty of forming a cartel aimed at increasing the price of poultry feed, consequently impacting chicken prices, a staple protein source for Malaysians. Iskandar Ismail, the CEO of MyCC breaks down the case for us.
Image credit: Bernama
Produced by: Tun Hizami Hashim, Shazana Mokhtar
Presented by: Wong Shou Ning, Keith Kam, Anwar Mahbob
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Categories: economy, corruption
Tags: chicken feed cartel, malaysia competition commision,