Friday, September 14, 2007

KPPU, the ideal watchdog for unfair competition

... Take the allegations directed at Indosat, Telkomsel and Temasek, for instance. It is alleged that through its indirect ownership in the two largest cellular telecommunication companies in Indonesia, Temasek has created a false price equilibrium in which it profited heavily through price fixing. The allegation is of course denied by Temasek, Indosat and Telkomsel. Arguments regarding the government's role in setting tariffs and prices were used in order to deflect the allegations. [more, thejakartapost]

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