Malaysia does not have a national competition policy. Only two sectors, namely the energy sector and the communications and multimedia sector have made legal provisions for competition policy. The implementation of competition policies in these sectors are still at fairly nascent stages. In other sectors, competition regulation is mostly undertaken at the sectoral level via control over prices and entry conditions (e.g. permits and licenses). Most of these controls are subservient to socio-economic objectives other than of promoting the process of competition in markets. Due to the absence of formal competition policies in these sectors, regulators either do not recognize or often do not know how to deal with competition-related problems. The failures to address competition-related problems at the sectoral level hint at the insufficiency and inadequacy of sectoral regulatory reforms in the country. There is thus a need to consider implementing a national competition policy as a possible solution to such problems.  Publication: The 1st East Asia Conference on Competition Law and Policy; March, 4 2004, Kuala Lumpur, Malaysia. Author: Lee, Cassey.