ICC and USDOJ held a Series of Virtual Workshop on Competition Law Enforcement.

Friday, March 5, 2021

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Tuesday (3/2), the Indonesia Competition Commission (ICC) together with the United States Department of Justice (US DOJ) held the last part of a Series of Virtual Workshop on Competition Law Enforcement. This activity is a platform to learn about how the US DOJ conducts investigations on certain competition issues, as well as to share their… [Read More]

ICC’S RESULT OF STUDY ON THE DETERMINATION OF RELEVANT MARKET IN LAW ENFORCEMENT IN THE DIGITAL ECONOMY SECTOR.

Friday, March 5, 2021

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Indonesia is currently on the right track to become one of the largest markets in Southeast Asia. At this moment, the value of Indonesia's digital economy reaches USD44 billion in 2020, an increase of 11% as compared to that of 2019 and it is predicted that by 2025, the valuation of Indonesia's digital economy will… [Read More]

ICC WILL GIVE INPUT ON THE DRAFT GOVERNMENT REGULATION ON POST, TELECOMMUNICATIONS, AND BROADCASTING IN THE FIELD OF BUSINESS COMPETITION IN TELECOMMUNICATIONS SECTOR.

Friday, March 5, 2021

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ICC takes part in observing the process for preparing Draft Government Regulation as the implementing regulation of Law No. 11 Year 2020 regarding Job Creation, especially with regard to the amendment to Law No. 36 Year 1999 regarding Telecommunications in post, telecommunications, and broadcasting sectors. This is conducted in line with the existence of some… [Read More]

ICC ANNOUNCES THE RESULT OF BUSINESS COMPETITION INDEX FOR YEAR 2020.

Friday, March 5, 2021

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Index | ICC
The Indonesia Competition Commission (ICC) found that the Business Competition Index (IPU) in Indonesia for year 2020 had decreased from 4.72 points in 2019 to 4.65 points in 2020. IPU is a comprehensive measurement of the level of business competition in providing indications of whether a sector or a certain region has a high or… [Read More]

SUPREME COURT CONFIRMS DECISION OF ICC ON PT SARANA FARMINDO UTAMA.

Friday, March 5, 2021

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M&A | ICC
The Indonesia Competition Commission (ICC) was won by the Supreme Court in a Cassation filed by PT. Sarana Farmindo Utama (SFU) on the Decision of ICC which decided the delayed conduct case in the notification of acquisition transaction as conducted by the company. The information was obtained from the official report of notification of the… [Read More]

ICC DECIDES BID RIGGING CASE OF SWIMMING POOL CONSTRUCTION IN KANDANGAN, SOUTH KALIMANTAN.

Friday, March 5, 2021

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ICC managed to prove the existence of bid rigging and handed down a Decision on Phase II Swimming Pool Construction work procurement case in Kandangan, Hulu Sungai Selatan, South Kalimantan. ICC decided that the business actors being the Reported Parties were guilty of comitting a conspiracy through pseudo-competition and imposed penalty and prohibition for participating… [Read More]

CENTRAL JAKARTA DISTRICT COURT CONFIRMS DECISION OF ICC ON BID RIGGING IN THE PROCUREMENT OF DRINKING WATER SUPPLY SYSTEM IN BANDAR LAMPUNG CITY.

Friday, March 5, 2021

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Central Jakarta District Court upholds Decision of the Indonesia Competition Commission (ICC) and turns down the application for Objection lodged by Reported Parties on Decision of ICC No. 14/KPPU-L/2019 regarding Alleged Violation of Article 22 of Law Number 5 Year 1999 (Law 5/1999) in Tender of Public Private Partnership Projects (PPP) with regard to the… [Read More]

GARLIC PRICE HAS THE POTENTIAL TO RISE, GOVERNMENT NEEDS TO ANTICIPATE STOCKS.

Friday, March 5, 2021

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ICC | Garlic
The Indonesia Competition Commission (ICC) predicts that there will be a potential increment in the price of garlic commodities at the end of March or in the beginning of April 2021 if there is no additional supply (for example, through the realization of imports) of the commodity in the beginning of this year. Such potential… [Read More]