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 week, the Central

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