E-Commerce Businesses Gather to Discuss Competition Compliance.
KPPU in collaboration with Japan International Cooperation Agency (JICA) organized an Executive Forum on Competition Compliance in E-Commerce at South Tangerang, Indonesia. The Forum was attended by Indonesian business actors in the field of E-Commerce, with KPPU’s Commissioner, Guntur S. Saragih, Director of Competition Advocacy and Partnership of KPPU, Abdul Hakim Pasaribu, and Head of Sub-Directorate of Digital Economy Ecosystem Development of the Ministry of Communications and Informatics, Luat S.P Sihombing acting as resource persons.
The objective of this Executive Forum is to spur business actors to become more efficient and innovative through competition principles and values. “Through continuous introduction efforts, KPPU hopes that companies’ compliance with competition law may become the main needs for any company in boosting their growth and competitiveness,” said Guntur when opening the forum.
JICA Advisor on Competition Law and Policy, Kazuhira Nakasato, added in his opening remarks, that of course there are a lot of issues emerging from the rapid development of the E-Commerce industry. However, the most frequently popping up issue is how consumer’s private data is being protected.
We need to know that in this globalization era, the role of digital economy becomes significant and important in any business activity. The growth of E-Commerce that develops in a rapid and dynamic manner will create innovative and efficient markets. It is expected that through this forum, business actors especially those engaging in E-Commerce may understand the positive values of compliance with competition law so as to be capable of applying the principles of fair business competition in accordance with Law No. 5 Year 1999 regarding Prohibition of Monopolistic Practices and Unfair Business Competition.