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Dominant monopolists are a threat to us all

Ben Paul
Ben Paul12/12/2018 08:00 AM GMT+08  • 8 min read
Dominant monopolists are a threat to us all
SINGAPORE (Dec 10): One afternoon back in the 1990s, when I worked for a Malaysian brokerage firm, I could not help overhearing one of my senior colleagues talking on the telephone to a fund manager about a company called Renong.
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SINGAPORE (Dec 10): One afternoon back in the 1990s, when I worked for a Malaysian brokerage firm, I could not help overhearing one of my senior colleagues talking on the telephone to a fund manager about a company called Renong.

Main image: The hearing of the International Grand Committee on Fake News and Disinformation, held at the UK’s parliament, was attended by parliamentarians from nine countries

Known as Malaysia’s “political blue chip” stock, it was controlled by a young cigar-chomping businessman named Halim Saad, and had benefitted from a slew of government contracts and privatisation deals. Its businesses spanned construction and infrastructure development, toll roads, transportation, oil and gas, and telecommunications.

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