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Business

Wins appeal against Competition Commission's ruling on fine

KUALA LUMPUR (NewsRise) -- AirAsia and Malaysia Airlines won their appeals against a 10 million ringgit ($2.4 million) fine on each airline for breaching the country's competition law.

     The Malaysian Competition Commission had fined the carriers in 2014 for violating competition rules following a share swap agreement between AirAsia, Asia's largest discount carrier by fleet, and flag carrier Malaysia Airlines that later fell through.

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