Antitrust Antitrust

Garuda Indonesia's appeal against antitrust verdict fails over bank guarantee requirement

By Jet Damazo-Santos
  • 20 Dec 2021 00:43
  • 20 Dec 2021 00:43
Struggling carrier Garuda Indonesia has lost its bid to get a Jakarta court to overturn the latest antitrust decision against it over a new appeals procedure requiring a bank guarantee for the fine, protracting a case the airline had wanted to quickly settle last year.
In a decision publicized last

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Jet Damazo-Santos

Correspondent, Jakarta

Jet Damazo-Santos has been covering antitrust, data protection and other compliance issues in key jurisdictions in Southeast Asia for MLex full time since 2018. She has almost two decades of journalism experience in the Philippines and Indonesia, where she was the associate editor for the Jakarta Globe and the Jakarta bureau chief for Rappler Indonesia prior to joining MLex. She holds a master's degree in Applied Business Economics from the University of Asia and the Pacific.

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