What does Antitrust & Competition law in Indonesia cover?

It is governed primarily by Law No. 5 of 1999, aims to prevent monopolistic practices and unfair competition.

Why is Antitrust law important for business operating in Indonesia?

Antitrust laws ensure a level playing field in the market, fostering competition that benefits consumers and encourages innovation and efficiency among businesses.

Who enforces Antitrust laws in Indonesia?

The Indonesian Business Competition Supervisory Commission (KPPU) is responsible for enforcing Antitrust & Competition laws, investigating alleged violations and imposing penalties when necessary.

What are the consequences of non-compliance with Antitrust & Competition regulations in Indonesia?

Non-compliance may result in fines, sanctions, injunctions, reputational damages, and legal liabilities, impacting business operations and profitability.

What constitutes abuse of dominant position under Indonesian Antitrust & Competition laws?

Abuse of dominant position includes practices such as unfair pricing, discriminatory terms, predatory pricing, and imposing unfair trading conditions to stifle competition.