Letter: Insurance shouldn’t be excluded from competition policy

MADAM – I am writing to raise two concerns in response to your September 27 article “State insurer to be exempted from competition watchdog”. The major concern lies with the prospect of the insurance sector being exempted from the Competition Law. In this regard, I agree with your unnamed source that “If the competition law […]

Myanmar Competition Commission promises to level playing field for businesses

The Myanmar Competition Commission will work with businesspersons to remove hindrances to fair competition, said Union Minister for Commerce Dr. Than Myint, urging businesses to abide by the Competition Law. The Union Minister, in his capacity as the chairman of the commission, made the remarks during his opening address at an event about competition, held […]

Gov’t enacts bill to allow fair competition

The government has announced in the state media that it will implement a Competitiveness Bill on May 11 to allow fair competition and prevent speculation. The bill consists of 12 chapters and 53 sections and allows for organising inspection commissions when necessary. Section 14 prevents confining the distribution of services and goods and restricts price […]