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State-owned investment firm to appeal antitrust ruling

  • Squire Sanders
  • -
  • Indonesia
  • -
  • January 22 2008

Indonesia’s state-owned investment firm Temasek Holdings has filed an appeal challenging the decision by Indonesia’s Commission for the Supervision of Business Competition (KPPU), which found that the firm violated the country’s antitrust laws by acquiring majority ownership in rival mobile telecommunications firms