Indonesia's competition regulatorhas launched a probe into a unit of Carrefour S.A., Europe's
biggest retailer, on suspicion it broke anti-monopoly laws.
Investigators will look into alleged monopolistic and unhealthy business practices related to the acquisition of supermarket operator PT Alfa Retailindo last year, the Business Competition Supervisory Commission, known as KPPU, said in a statement on its Web site today.
Carrefour Indonesia runs 45 hypermarkets and 30 supermarkets, and has a 7 percent share of the market.Hypermarkets sell items usually found in department stores and big discounters as well as supermarkets.
Investigators have until May 12 to conclude a preliminary inquiry and will then decide how to proceed, according to the statement.
Thursday, April 2, 2009
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