Indonesia anti-trust agency accuses 27 cooking oil companies of violations ...Kuwait

The New Arab - News

Indonesia's anti-monopoly agency has accused 27 cooking oil companies of unfair business practices, saying it has enough evidence to put together a formal case against them. The agency, known as the KPPU, said in a statement late on Wednesday the companies, which included subsidiaries of some of the country's biggest conglomerates, were suspected of price fixing and controlling supply of cooking oil. Indofood Group's Salim Ivomas Pratama, Sinar Mas Agro Resources and Technology, Musim Mas and Wilmar Nabati Indonesia were among the companies named. The case was first launched in March after Indonesia faced shortages of cooking oil despite export restrictions. In an at

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Last updated : 21 July 2022 clock 10:48 AM

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Indonesia anti-trust agency accuses 27 cooking oil companies of violations ...Kuwait

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