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Indonesia’s KPPU accuses Yamaha, Honda of fixing prices of scooters

( July 19, 2016, 18:00 GMT | Official Statement) -- MLex Summary: Indonesia’s Business Competition Supervisory Commission has accused Yamaha Indonesia Motor Manufacturing of fixing its scooter prices in line with those produced by Astra Honda Motor. The KPPU added that both Astra Honda and Yamaha together control 97 percent of the scooter market, with Astra Honda leading the market. The commission accused both manufacturers of price fixing, thereby hampering consumers from obtaining a competitive price. After completing a series of investigations, the regulator began hearings on the price-fixing case today.The KPPU's statement follows: ...

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