The commission, also known as KPPU, ruled that Temasek, which is linked to the Singaporean government, acted illegally in investments linked to Indonesia’s two largest cellular phone operators, Telkomsel and Indosat.

Temasek and its affiliates “are legally and convincingly proven to have violated Article 27 of the anti-monopoly law,” Syamsul Maarif, chairman of the KPPU panel in charge of the case, told reporters.

The article bars businesses from owning majority shares in more than one firm in the same sector if it gives the entity a greater than 50 percent market share, or if it gives several entities more than a 75 percent market share.

Temasek owns 56 percent of Singapore Telecommunications Ltd., known as SingTel, which in turn owns 35 percent of Indonesia’s largest cellphone carrier, Telkomsel.

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