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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

Temasek Holdings GUILTY of price fixing

Posted on 26 May 2010

From Temasekreview.com: Temasek Holdings, the Singapore government investment arm, has lost a final appeal in a price fixing case involving cellcos Telkomsel and Indosat in Indonesia’s Surpreme Court.
Competition regulator KPPU alleged that Temasek had breached the country’s anti-monopoly laws by using its indirect stakes in rival operators Telkomsel and Indosat to fix mobile tariffs……………………………………….Full Article: Source


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VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


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