News Non-Life09 Sep 2022

Malaysia:Tribunal overturns anti-trust agency's decision against general insurers

09 Sep 2022

The Competitions Appeal Tribunal (CAT) has allowed an appeal by the General Insurance Association Of Malaysia (PIAM) and its 22 members against the Malaysian Competition Commission's (MyCC) decision two years ago, which deemed an agreement on the application of trade discounts on automotive parts prices and hourly labour rates for motor vehicle repairs by workshops under the PIAM Approved Repairers Scheme (PARS) as a breach of the Competition Act 2010.

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