Business Competition Commission Regret Yudhoyono-Carrefour Meeting
TEMPO Interactive, Jakarta: The Business Competition Supervisory Commission have regretted President Susilo Bambang Yudhoyono's meeting with Chief Executive Officer of Carrefour Group Lars Olofsson in Paris last week amid the legal proceedings on monopoly faced by the retailer's operation in Indonesia.
Head of the commission Benny Pasaribu said on Monday “The case has been decided by the business competition commission and now is being examined by the district court. It should went through the court completely uninterrupted.”
The commission ruled on early last month that Carrefour takeover on Alfa Retailindo have violated two articles in the Law No.5 of 1999 on Monopoly and Unfair Business Competition, which dictates Carrefour to release 75 percent of its stake in Alfa within one year after the decision and pay Rp25 billion fine to the government.
He said the president should have not met with Carrefour as the meeting could be seen as dismissing the commission's ruling. The commission will send a notice on its decision to the president and the progress report of the case, as Carrefour is appealing against the commission's ruling.
KARTIKA CANDRA | BC
Head of the commission Benny Pasaribu said on Monday “The case has been decided by the business competition commission and now is being examined by the district court. It should went through the court completely uninterrupted.”
The commission ruled on early last month that Carrefour takeover on Alfa Retailindo have violated two articles in the Law No.5 of 1999 on Monopoly and Unfair Business Competition, which dictates Carrefour to release 75 percent of its stake in Alfa within one year after the decision and pay Rp25 billion fine to the government.
He said the president should have not met with Carrefour as the meeting could be seen as dismissing the commission's ruling. The commission will send a notice on its decision to the president and the progress report of the case, as Carrefour is appealing against the commission's ruling.
KARTIKA CANDRA | BC