Wednesday, February 17, 2010

Carrefour wins

French retailer giant Carrefour wins court battle against Indonesia's anti-monopoly watchdog KPPU.
South Jakarta district court accepted Carrefour's objections to KPPU ruling issued in November 2009. KPPU considered Carrefour violated anti-monopoly law No. 5/1999 article 17 point 1 and article 25 point 1a about dominant position. KPPU believes the acquisition of PT Alfa Retailindo by Carrefour has triggered the violation of dominant position clause.
Carrefour then challenged the ruling to South Jakarta district court. Responding to the court tuling, KPPU, the business competition supervisory commission, plans to file judicial review.



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