MyIPO joins special panel on competition

PETALING JAYA: The Intellectual Property Corp of Malaysia (MyIPO) is now a member of the special committee on competition, which was initiated by the Malaysia Competition Commission (MyCC).
With the inclusion of MyIPO, the special committee on competition will now have nine members. The other eight members are MyCC, the Malaysia Communications and Multimedia Commission, the Energy Commission (ST), the National Water Services Commission, the Land Public Transport Commission, the Central Bank of Malaysia, the Securities Commission and the Malaysian Aviation Commission (Mavcom).  
MyCC said that the special committee on competition met for the second time in 2017 to discuss related issues on competition law and policy.
“The inclusion of MyIPO is a timely act. MyCC is currently working on the guidelines on Intellectual Property and Competition, and is planning to publish it sometime next year.
With the input from MyIPO, I am sure the guidelines will bode well to address issues on the conflict between competition and intellectual property,” said MyCC CEO Datuk Abu Samah Shabudin.
During the meeting, it was also highlighted that ST and Mavcom are issuing guidelines in relation to competition matters, with Mavcom expected to publish a few guidelines early next year.
MyCC is an independent body responsible for enforcing the Competition Act 2010, which was implemented to create healthy competition which works for the benefit of consumers and the public at large.