ICC Chairperson Offers Four Strategies To Minister Of Cooperation and Small and Medium Enterprises For Effective Oversight of Indonesia’s MSME Partnerships.
Tuesday, March 19, 2024
Jakarta (19/2) - Indonesia needs regulations that protect micro, small, and medium enterprises (MSMEs) in transactions in the digital market, synergy or integration in partnership data collection, increased deterrent effects for partnership violators, and increased education for MSME players. These conclusions were emphasized by the Chairperson of the Indonesia Competition Commission (ICC), M. Fanshurullah Asa,… [Read More]
ICC Chairperson Meets Attorney General, Pursues Execution of Fines From ICC Decision.
Tuesday, March 19, 2024
Jakarta (7/02) - The Indonesia Competition Commission (ICC) met with Attorney General ST Burhanuddin to increase the effectiveness of the execution of business competition fines on permanent legal decisions that have not been implemented by business actors. In the meeting held on February 7, 2024, at the Attorney General's Office Building, ICC Chairperson M. Fanshrullah… [Read More]
Realising The 100-day Work Programme, Chairperson of ICC Takes Several Initiatives.
Tuesday, March 19, 2024
Jakarta (6/2) - The elected Chairperson of the Indonesia Competition Commission (ICC), M. Fanshurullah Asa, has started to implement his 100-day programme commitment with various initiatives in three main sectors, namely energy (oil and gas), digital market, and food security. Energy (Oil and Gas) In the oil and gas sector, ICC has submitted recommendations to… [Read More]
CEDS Unpad: Indonesia’s Business Competition Level in 2023 Increases.
Tuesday, March 19, 2024
Bandung (11/01) - The Center for Economics and Development Studies (CEDS) of Padjadjaran University (UNPAD) concluded that the level of business competition in Indonesia in 2023 has slightly increased. This conclusion is shown by Indonesia's Business Competition Index (IPU) last year, which increased by 0.04 from the previous year to 4.91. In 2022, the IPU… [Read More]
President Inaugurates KPPU Commisioners for 2024-2029 Period.
Thursday, January 18, 2024
Jakarta (18/01) - Indonesian President Joko Widodo today at the State Palace inaugurated 9 (nine) Commissioners of the Indonesia Competition Commission (KPPU) for the 2024-2029 Period as stipulated by Presidential Decree Number 8/P of 2024 on the Dismissal and Appointment of Members of the Indonesia Competition Commission and takes effect on 8 January 2024. The… [Read More]
Progress of ICC’s Investigation Into The Alleged Lending Rate Cartel.
Friday, January 5, 2024
Jakarta (27/12) - The Indonesia Competition Commission (ICC) continues to carry out investigations into alleged violations of Law No. 5 of 1999 in information technology-based money lending services. Since the investigation began on October 25, 2023, the Investigation Task Force has sent written requests for data and documents to all peer-to-peer (P2P) lending companies that… [Read More]
Progress of The Process of Objection to ICC Decision on The Cooking Oil Case.
Friday, January 5, 2024
Jakarta (22/12) - The legal process of objection to the Decision of the Indonesia Competition Commission (ICC) for Case Number 15/KPPU-I/2022 concerning Alleged Violation of Article 5 and Article 19 Letter C in the Sale of Packaged Cooking Oil in Indonesia (Cooking Oil Case) since November 28, 2023 is still ongoing at the Central Jakarta… [Read More]
ICC Commission Imposes A Fine of IDR 1.5 Billion on Lai Bui Min In Road Tender Case in Bogor District.
Friday, January 5, 2024
Jakarta (8/12) - The Indonesia Competition Commission (ICC) imposed a fine of IDR 1.500.000.000 (one billion five hundred million rupiah) on Lai Bui Min in a case of conspiracy in the tender or procurement of a work package for the improvement of Kandang Roda-Pakansari Road in Bogor Regency for the 2021 fiscal year. The sanction… [Read More]