ICC Raises Online Lending Case Status To Investigation, Names 44 P2P Lending Providers As Reported Party.
Wednesday, November 22, 2023
Jakarta (27/10) The Indonesia Competition Commission (ICC) continued the online lending case to the investigation stage after going through an initial investigation process since October 5, 2023. In this investigation stage, the ICC has named 44 (forty-four) peer-to-peer (P2P) lending providers as the Reported Party for alleged violations of Law No. 5 of 1999, specifically… [Read More]
PT Perdana Intisawit Perkasa Implements ICC’s Order To Improve Its Partnership With The Bunga Idaman Palm Cooperative In Riau.
Wednesday, November 22, 2023
Jakarta (11/10) The Indonesia Competition Commission (ICC) has once again resolved the issue of partnerships between micro, small, and medium enterprises (MSMEs). This time, the partnership between PT Perdana Intisawit Perkasa (PT PISP) and around 830 plasma farmers who are members of Sawit Bunga Idaman Cooperative (Kospa Bunda) in Rokan Hulu Regency, Riau. The settlement… [Read More]
ICC Chairman Meets Minister of Cooperatives and SMEs To Discuss The Importance of Digital Market Law.
Wednesday, November 22, 2023
Jakarta (6/10) Chairman of the Indonesia Competition Commission (ICC), Prof. M. Afif Hasbullah, met Minister of Cooperatives and SMEs, Teten Masduki, in his office to discuss the need for a law regulating digital markets to level the playing field for Indonesian micro, small, and medium enterprises. The meeting, held on Thursday (5/10), emphasized that without… [Read More]
ICC Holds First Hearing on Alleged Violations in PT Kobe Boga Utama Distribution Agreement.
Tuesday, September 26, 2023
Jakarta (15/9) – ICC conducted the first hearing of Case Number 11/KPPU-L/2023 concerning Alleged Violation of Law Number 5 Year 1999 ("Law 5/1999") in the Distribution Agreement of PT Kobe Boga Utama ("KOBE") yesterday on September 14, 2023 in the Courtroom of ICC Jakarta Office. The hearing which was held offline had the agenda of… [Read More]
ICC Urges Debate Over BPA On Reusable Gallons to Stop.
Tuesday, September 26, 2023
Jakarta (5/9) – The Indonesia Competition Commission (ICC) has observed in print and social media over the past year that there is still a heated debate in the bottled drinking water (AMDK) sector on the issue of bisphenol A (BPA) in reusable gallon packaging. The debate began to lead to various negative campaigns involving a… [Read More]
ICC Begins Hearing of Alleged Bid Rigging Case On Road Improvement Works In Aceh Province.
Tuesday, September 26, 2023
Jakarta (21/8) – The Indonesia Competition Commission (ICC) on August 21st, 2023, began a preliminary examination panel session on case number 08/KPPU-L/2023 concerning alleged violations of Article 22 of Law Number 5 of 1999 related to the procurement of the Peureulak-Lokop - Batas Gayo Lues Road improvement work package (P.035.11) Segment 3 (Multi-Year Contract/MYC) in… [Read More]
ICC Imposes Fines in The Case of The Tender for The Construction of The Electric Signalling System For The Double Track Railway Between Bogor – Cicurug.
Tuesday, September 26, 2023
Jakarta (15/8) – The Indonesia Competition Commission (ICC) imposed a total fine of Rp10,973,000,000 (ten billion nine hundred seventy-three million rupiah) on PT Len Industri (Persero) and PT Len Railway Systems in Case Number 18/KPPU-L/2022 concerning Alleged Violation of Article 22 of Law Number 5 of 1999 related to the Procurement of Work for the… [Read More]
PT Agri Eastborneo Kencana Implements ICC’s Order for Improvement of Its Partnership with BTSS Cooperative in Kutai Kartanegara.
Tuesday, September 26, 2023
Jakarta (10/08) - The Indonesia Competition Commission (ICC) has again resolved the issue of partnerships among micro, small, and medium enterprises (MSMEs). This time the partnership was carried out by PT Agri Eastborneo Kencana (PT AEK) for its partnership with around 1,100 plasma farmers who are members of the Bina Tani Sawit Sedulang (BTSS) Cooperative… [Read More]