Indonesian Mobile Phone Providers Found Guilty of Price Fixing

Posted on June 24, 2008  /  1 Comments

Indonesia’ competition watchdog found six mobile phone providers guilty of price fixing, which may have cost consumers more than $300 million in additional rates. The Business Competition Supervisory Commission says the companies formed a cartel to keep tariffs for text messaging artificially high.

The companies include Telkomsel, Telkom and Smart Telecom. They were given fines totaling more than eight million dollars.

Source: Voice of America

1 Comment

  1. Smart was found guilty & was not fined at all.