BFM Podcast
Chicken Feed Cartel Foul Play
28-Dec-23 08:30
Iskandar Ismail, CEO, Malaysia Competition Commission (MyCC)
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
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