The headquarters of the Business Competition Supervisory Agency (KPPU). (Gresnews.com)
JAKARTA, GRES.NEWS – The Jakarta Utara State Court, led by judge Titus Tandi, has ruled against the appeal filed by PT Yamaha Indonesia Motor Manufacturing (YIMM) and PT Astra Honda Motor (AHM), who claim that they did not practice cartel in the 10cc-125cc automatic motorcycle (locally dubbed as skutik) market.
The ruling was made on 28 November 2017 and read on 5 December 2017.
The case began when the Business Competition Supervisory Agency (KPPU) on 20 February 2017 declared that Yamaha and Honda violated Article 5 Paragraph 1 Law No.5/1999 on Anti-Monopoly and Unhealthy Competition Practices.
Unsatisfied, Honda, represented by lawyer Deny Sidharta, has confirmed that it will file a cassation to the Supreme Court to fight the appeal ruling.
"We managed to survive and thrive in Indonesia for dozens o years because we have been complying with the law and have been contributing to the nation, which resulted in consumers trusting our brand and our company. This ruling is disappointing and this is why we will continue to seek justice as we deny KPPU’s ruling," said Ahmad Muhibbuddin, Deputy Head of Corporate Communication, Honda.
Meanwhile, Yamaha was defended by Eri Hertiawan. (dtc/rm)