Decisions of ICC on Partnership Cases Are Final in Nature, Business Actors Must Execute The Decisions.

Monday, September 12, 2022

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Jakarta (26/08) - Decisions of the Indonesia Competition Commission (ICC) on Micro, Small, and Medium Enterprises (UMKM [MSMEs]) partnership cases, particularly the violations of Article 35 paragraphs(1) and (2) of Law Number 20 of 2008 regarding MSMEs (Law No. 20/ 2008) are final in nature. There are no further legal remedies being mentioned against the… [Read More]

ICC Imposes A Maximum Sanction on PT Sinar Ternak Sejahtera For The Violation of Partnership.

Monday, September 12, 2022

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Jakarta (29/7) – Indonesia Competition Commission (ICC) has decided that PT Sinar Ternak Sejahtera, constituting part of the business group PT Charoen Pokphand Indonesia, Tbk, is proven to have violated Article 35 paragraph (1) of Law No. 20 of 2008 in the implementation of partnership with its 117 (one hundred and seventeen) plasmas. The Commission… [Read More]

ICC Hand Downs A Decision on The Partnership Case of PT Bulungan Citra Agro and KSU Mega Buana.

Monday, September 12, 2022

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Jakarta (23/06) – Indonesia Competition Commission (ICC) has decided that PT Bulungan Citra Agro Persada is not proven to have violated Article 35 paragraph (1) of Law Number 20 of 2008 in the implementation of its partnership with Koperasi Serba Usaha (KSU) Mega Buana (Mega Buana All-purpose Cooperative). The decision was read out in a… [Read More]

ICC Sentences PT Bumitama Gunajaya Agro to Pay IDR3 Billion for Delayed Notification.

Tuesday, July 5, 2022

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Bandung (17/6) – Indonesia Competition Commission (ICC) has sentenced PT Bumitama Gunajaya Agro (PT BGA) to pay for a penalty of IDR3,000,000,000 (three billion rupiah) for having been legally and convincingly proven of making delayed notification of the acquisition of shares of PT Ladang Sawit Mas (PT NGO), PT Agriplus, and PT Hungarindo Persada (PT… [Read More]

ICC Decides PT Aero Citra Kargo is in Violation of Law 5/99.

Tuesday, July 5, 2022

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Jakarta (9/6) – Indonesia Competition Commission (ICC) has decided that PT Aero Citra Kargo (PT ACK) is legally and convincingly proven to have violated Article 17 of Law Number 5 of 1999 as read out in a Panel Hearing for the Reading Out of the Decision on Case No. 04/KPPU-I/2021 today at the Head Office… [Read More]

PT Anjawani Mitra Madani Executes The Order of ICC To Improve Its Partnership.

Tuesday, July 5, 2022

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Jakarta (9/6) – Indonesia Competition Commission (ICC) in the context of performing its duties as mandated in Law Number 20 of 2008 regarding Micro, Small, and Medium Enterprises, supervises partnerships established by broiler breeders between PT Anjawani Mitra Madani (PT AMM) and plasma farmers. ICC has ordered PT AMM through Warning Letters I and II… [Read More]

ICC Imposes Sanction Worth IDR1 Billion on PT Lestari Gemilang Intisawit.

Tuesday, July 5, 2022

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Jakarta (31/5) - Indonesia Competition Commission (ICC) has imposed sanction on PT. Lestari Gemilang Intisawit (PT. LGI) for the delayed notification of the acquisition of shares of PT. Nabati Agro Subur (PT. NAS). On the basis of the said violation, the Commission Panel in its Commission Panel Hearing with the agenda of the Reading Out… [Read More]

ICC Comprehensively Assesses The Merger of Hutchinson with Indosat.

Tuesday, July 5, 2022

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M&A | ICC
Jakarta (22/4) – Indonesia Competition Commission (ICC) stipulates that the notification of the merger transaction of PT Hutchinson 3 Indonesia with PT Indosat, Tbk. will be conducted through a Comprehensive Assessment process. This was stipulated by ICC in a Commission Meeting held on April 20, 2022. Such Comprehensive Assessment will be conducted in 90 (ninety)… [Read More]