Indonesia’s business competition authority (KPPU) has instructed PT Carrefour Indonesia, a subsidiary of Europe’s largest retailer, to sell its entire stake in a listed unit it bought in 2008 and pay a Rp25bn ($2.6m) fine. PT...
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JAKARTA, Nov 4 (Reuters) - PT Carrefour Indonesia, the local unit of French retailer Carrefour which was ordered by the anti-monopoly commission to sell its stake in a local firm, will appeal the decision, the firm's lawyer...
By Katherine Demopoulos in Jakarta Indonesia’s business competition authority has instructed Carrefour Indonesia, a subsidiary of Europe’s largest retailer, to sell its entire stake in a listed unit it bought in 2008 and pay a...
The Business Competition Supervisory Commission (KPPU) has ruled that PT Carrefour Indonesia committed a monopolizing act and unhealthy competition by acquiring PT Alfa Retailindo Alfa`s supermarket chain early in 2008.