AirAsia-MAS deal 'will kill competition'

The share swap between AirAsia and Malaysian Airlines Systems (MAS) will likely create opportunities for price fixing between the two airlines, said a DAP parliamentarian.

Speaking to reporters in the Parliament lobby today, Petaling Jaya Utara MP Tony Pua said the deal creates a collusive duopoly, where the two companies will naturally seek to protect each other instead of reacting to market forces.

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