Malaysia is attempting to establish a competition law and enforcement regime, which it expects to have in place by the end of 2011. The Malaysian Minister of Domestic Trade, Co-operatives and Consumerism has reported that the Fair Trade Practices Bill (FTPB) has been submitted to Malaysia’s Attorney-General’s Chambers and will be up for its first reading before the Malaysian Parliament in March. The FTPB would create a competition law that would prohibit abuse of dominant market position, hardcore cartel behavior, anticompetitive practices and unfair trade practices. The new law is intended to apply to all sectors of the economy except for communications, energy, banking and the sovereign functions of the Malaysia’s government.