Indonesia antitrust agency accuses 27 cooking oil companies of violations

📆 21.07.2022 20:51:00

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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.

📆 21.07.2022 20:51:00
📰 rapplerdotcom

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JAKARTA, Indonesia –

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.which is used for cooking oil, and earlier this year put a limit on maximum retail prices for branded cooking oil, which led to scarcity in the market.

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