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Indonesian competition authority starts 2021 with the first predatory pricing decision | Hogan Lovells


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In a release, Komisi Pengawas Persaingan Usaha (KPPU) – the Indonesian Competition Authority, published its first Article 20 (Predatory Pricing) decision. The KPPU Decision No. 03/KPPU-L/2020 was issued on a virtual hearing on 15 January 2021, whereby KPPU found that PT Conch South Kalimantan Cement (CSKC), subsidiary of Anhui Conch Cement Co. Ltd., to have violated Article 20 of the Law No. 5 of 1999 on the prohibition of monopolistic and unfair business practices (the Indonesian Competition Law). The full decision is yet to be uploaded and accessible to the public.
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South Kalimantan , Kalimantan Selatan , Komisi Pengawas Persaingan Usaha , Anhui Conch Cement Co , Indonesian Competition Authority , Predatory Pricing , South Kalimantan Cement , Anhui Conch Cement , Indonesian Competition Law , அன்ஹுய் சங்கு சிமென்ட் இணை , இந்தோனேசிய போட்டி அதிகாரம் , ப்ரிடேடரீ ப்ரைஸிஂக் , அன்ஹுய் சங்கு சிமென்ட் , இந்தோனேசிய போட்டி சட்டம் ,

Church, ethics group start initiative to monitor mining dam safety


Church, ethics group start initiative to monitor mining dam safety
Bloomberg
Workers operate a heavy equipment to clear debris and mud as part of the recovery effort after the Vale SA Corrego do Feijao tailings dam collapse in Brumadinho, Brazil, in 2019.
European investors are partnering to implement a global tailings dam standard for mining companies they own through the creation of an independent institute.
The £2.8 billion ($3.7 billion) Church of England Pensions Board, London, and the Council on Ethics of the Swedish National Pension Funds, Stockholm, announced Friday they are joining together to launch the institute.
Following the 2019 Brumadinho tailings dam disaster in Brazil in which an earthen dam was breached, resulting in 270 deaths, investors have engaged with mining companies to develop a standard practice in efforts to avoid waste management disasters at mining sites, according to their websites. The standard was developed by investors in Augus ....

United States , South Korea , City Of , United Kingdom , John Howchin , Adam Matthews , Galp Energia , Korea Electric Power Corp , Formosa Petrochemical Corp , Berkshire Hathaway Inc , Firstenergy Corp , Church Commissioners For England , Occidental Petroleum Corp , Royal Dutch Shell , American Electric Power , Anhui Conch Cement Co , Oil Natural Gas Corp , United Nation Environment Programme , Motor Corp , England Pensions Board , Swedish National Pension Funds , England Funds , Church Commissioners , Anhui Conch Cement , Natural Gas Corp , Eni Spa ,