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The Malaysian Aviation Commission Act 2015 came into force on 1 March 2016 and introduced the first sectoral merger control regime in Malaysia, which applies to the aviation service market.

Under the act, mergers that result, or may be expected to result, in a substantial lessening of competition (SLC) in any aviation service market are now prohibited.

On 20 April 2018, the Malaysian Aviation Commission (MAVCOM) issued: (1) the Guidelines on the Substantive Assessment of Mergers; and (2) the Guidelines on Notification and Application Procedure for an Anticipated Merger or a Merger.

Both guidelines provide long-awaited guidance on the substantive and procedural issues surrounding the voluntary merger control regime.

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Business Law Digest is compiled with the assistance of Baker McKenzie. Readers should not act on this information without seeking professional legal advice. You can contact Baker McKenzie by emailing Danian Zhang at danian.zhang@bakermckenzie.com.

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