The Court of Appeal has reserved its decision on the appeal filed by the Malaysian Competition Commission (MyCC) challenging the High Court’s ruling, which quashed its proposed RM86.77 million fine against Grab Inc and two subsidiaries for alleged anti-competitive practices in the e-hailing sector.
Judge S Nantha Balan, who led a three-judge panel, stated that the court requires additional time to consider the arguments presented by the counsels representing MyCC and the three companies - Grab Inc, Grabcar Sdn Bhd, and Myteksi Sdn Bhd.