http://www.businessweek.com/news/20...ppeal-on-indonesian-anti-monopoly-ruling.html
Temasek Loses Final Appeal on Indonesian Anti-Monopoly Ruling
By Widya Utami
May 24 (Bloomberg) -- Temasek Holdings Pte lost a final Supreme Court appeal on a ruling stating the Singapore state- owned investment company breached Indonesia’s anti-monopoly laws.
The Supreme Court in September 2008 upheld a ruling by the nation’s competition regulator, which said Temasek breached antitrust laws by using indirect stakes in PT Telekomunikasi Selular and PT Indosat to fix prices, Junadi Masjhud, a spokesman at the nation’s anti-monopoly body said in an e-mailed statement today.
Temasek Loses Final Appeal on Indonesian Anti-Monopoly Ruling
By Widya Utami
May 24 (Bloomberg) -- Temasek Holdings Pte lost a final Supreme Court appeal on a ruling stating the Singapore state- owned investment company breached Indonesia’s anti-monopoly laws.
The Supreme Court in September 2008 upheld a ruling by the nation’s competition regulator, which said Temasek breached antitrust laws by using indirect stakes in PT Telekomunikasi Selular and PT Indosat to fix prices, Junadi Masjhud, a spokesman at the nation’s anti-monopoly body said in an e-mailed statement today.
