Sunday, June 22, 2008

Indonesian telecoms mull price-fixing appeal

JAKARTA (AFP) — Indonesian telecom firms were mulling appeals Thursday after the competition watchdog found them guilty of price fixing and raking in hundreds of millions of dollars from illegal text message charges.

The Business Competition Supervisory Commission (KPPU) found six telecommunications companies guilty of collusion and slapped five of them with fines worth some 10 million dollars. [more, afp]

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