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SURYAMALANG.com – For example, the Sari Roti Chronology has been fined Rs. 2.8 billion by the Commission for Competition Surveillance in Enterprises or KPPU.
For information, the Commission for the supervision of competition in the companies decided that PT Nippon Indosari Corpindo Tbk (ROTI) was guilty of having recently communicated his action with a view to the acquisition of a majority stake in PT Prima Top Boga.
KPPU fined Sari Roti's producer 2.8 billion rupees.
"By declaring that the reported part (the Nippon Indosari) was proved legally and convincingly, it violated Article 29 of Law No. 5/1999 in conjunction with Article 6 of the PP 57/2010 ", said the chairman of the Council, Ukay Karyadi, in the KPPU meeting room.
Article 29 of Law No. 5/1999 prohibiting monopolistic practices and unfair corporate competition stipulates that notification of mergers takes place no later than 30 days after the acquisition.
At the hearing, the member of the Guntur Putra Saragih Assembly explained that the legitimate acquisition of Prima had taken place on February 9, 2018. However, the new Nippon announced the & 201 201 201 201 39 39 Pr 39 39 39 39 39 39 39. acquisition of Prima on March 29, 2018.
"On March 7, 2018, the Commission reminded the reported party (Nippon) to report its acquisition of PT Prima Top Boga, the deadline will be extended to March 23, 2018," he said.
Answer Sari Sari fined
In response, PT Nippon's management Indosari Corpindo Tbk (ROTI) is still coordinating.
"I first checked with the relevant team, yes," said head of external communications, Stephen Orlando, quoted by Kontan.co.id, Tuesday (27/11/2018) .
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