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Possible soy cartel in Indonesia

By  |  August 2, 2012

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    Soy importers in Indonesia are under investigation by the country’s competition watchdog in response to rising prices in the sector. A staple in the local diet, soy prices have risen nearly fifty percent recently, causing the government to end a tax on soy importation. Last week the country’s tofu producers protested the high prices by shutting down production for three days.

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    Related content: Are We Winning the Fight Against Cartels? (Jeremy West)

     

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