ICC DECIDES LION AIR GROUP HAS COMMITTED PRACTICE OF DISCRIMINATION IN THE SALES OF THE CAPACITY OF CARGOS.

Monday, May 3, 2021

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Cargo | Decision | ICC
Indonesia Competition Commission (ICC) in the reading of its decision today decided that the three companies affiliated in Lion Air Group had been legally and convincingly proven to have commited  a practice of discrimination with regard to collaboration in the sales of cargo capacity in goods transportation services from several airports, such as Hang Nadim… [Read More]

ICC LAUNCHES A BOOK ON TWO DECADES OF BUSINESS COMPETITION ENFORCEMENT.

Monday, May 3, 2021

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Indonesia Competition Commission (ICC) launched a Book on Two Decades of Competition Law Enforcement: Debates and Issues Not Yet Resolved today at a cafe in Central Jakarta. The book compiled by 32 (thirty two) authors contains various issues faced in the implementation of Law No. 5 Year 1999 and the challenges that have not been… [Read More]

ICC IMPOSES SANCTION ON PT KARYA ANAK BANGSA APP FOR DELAYED NOTIFICATION OF THE ACQUISITION OF PT GLOBAL LOKET SEJAHTERA.

Monday, May 3, 2021

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Decision | M&A | ICC | GoJek
Indonesia Competition Commission (ICC) imposed a sanction in the form fine on PT Aplikasi Karya Anak Bangsa (GOJEK) amounting to IDR 3,300,000,000.00 (three billion three hundred million rupiah) for delayed notification of its acquisition of PT Global Loket Sejahtera (LOKET). The said sanction was handed down in a Commission council Hearing with the agenda for… [Read More]

PUTTING AN EMPHASIS ON PREVENTION, ICC SUGGESTS THE MINISTRY OF SOEs TO RESCIND THE RULES ALLOWING THE HOLDING OF CONCURRENTLY TWO POSITIONS.

Monday, May 3, 2021

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Indonesian Competition Commission (ICC) has thoroughly observed and examined the rules of the Ministry of State-Owned Enterprises (SOEs) allowing the holding of concurrent positions among the Boards of Commissioners or the Supervisory Boards of SOEs and the Boards of Commissioners of Companies other than SOEs. This has been provided for in Regulation of the Minister… [Read More]

ICC IMPOSES SANCTION WORTH IDR1.5 BILLION ON TAIKO PLANTATIONS PTE. LTD.

Monday, May 3, 2021

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Indonesia Competition Commission (ICC) imposed sanction on Taiko Plantations Pte. Ltd. for a delay in the notification of the acquisition of shares it did of PT Putra Bongan Jaya. In its Commission Council Hearing for the Reading Out of Decision today, ICC imposed a sanction in the form of fine worth IDR1,500,000,000 (one billion and… [Read More]

COMMERCIAL COURT CONFIRMS DECISION OF ICC ON PT. CONCH SOUTH KALIMANTAN CEMENT.

Tuesday, March 9, 2021

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(4th of March) Commercial Court at the Central Jakarta District Court has today confirmed the decision of the Indonesia Competition Commission (ICC) with regard to the objection lodged to Case No. 03/KPPU-L/2020 regarding the Violation of Article 20 of Law Number 5 Year 1999 in the sales of Portland Composite Cement (PCC) type in the… [Read More]

ICC APPROVES APPLICATION FOR THE RELAXATION OF LAW ENFORCEMENT FOR DELAYED NOTIFICATION OF THE ACQUISITION OF JEBSEN & JESSEN PACKAGING OF PT INDO TIRTA ABADI.

Tuesday, March 9, 2021

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M&A | ICC
(1st of March) Indonesia Competition Commission (ICC) has relaxed the notification of merger and acquisition by approving the application for relaxation on the delayed notification filed by Jebsen & Jessen Packaging (S) Pte. Ltd. (J&J) for the acquisition of shares of PT Indo Tirta Abadi. This has been based on Regulation of ICC No. 3… [Read More]

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]