Judgment without Penalty
Tuesday, July 10, 2001
Indomaret has been found guilty of breaking the provisions of Law on Monopoly and Business Competition. But the judgment does not provide any penalty against the retail giant.
arsip tempo : 172979809419.
The 1999 Anti-Monopoly Law which is expected to end unfair business practices has proved powerless in the face of big business. The Supervisory Comission on Business Competition, set up at the end of 1999 to supervise Indonesian business, is fighting a losing battle.
The first decision taken by the commission on April 20, 2001 against PT Caltex Pacific Indonesia was half-hearted at best. The American oil company was only ordered to cancel a US$1
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