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Chicken Feed Cartel Foul Play

Chicken Feed Cartel Foul Play

Morning Brief

December 27, 202312m 8s

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Show Notes

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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