THE Kuala Lumpur High Court will hear on March 9 Grab Holdings Inc’s application for leave for a judicial review of the Malaysia Competition Commission’s (MyCC) decision to fine the e-hailing firm RM86.77 million over abusive transit media practices, reports The Edge Markets.

Grab, in a statement on Wednesday, said it will raise the question of whether MyCC has the right to impose a daily penalty of RM15,000 from the date of the decision on September 23 last year.

The company said there is a lack of clarity and transparency in the competition watchdog’s investigations, and the penalty decision has cast doubt on MyCC’s jurisdiction and exercise of power.

MyCC saw it fit to announce the proposed fine and penalty by way of a press statement dated October 3 last year, said Grab.

“This led to the public misperception that Grab has been found liable even before a final decision is made.”

MyCC last October said Grab was found to be in breach of Section 10 of the Competition Act 2010, which deals with prohibitions of an enterprise’s dominant position.

It said its probe found that the firm had abused its dominant position by imposing restrictive clauses on its drivers, relating to the transit media advertising market. – February 14, 2020.