ICC Sentences PT Bumitama Gunajaya Agro to Pay IDR3 Billion for Delayed Notification.
Tuesday, July 5, 2022
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
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
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
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
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]
Boosting Prevention, ICC Issues Regulation on Competition Compliance Program.
Tuesday, July 5, 2022
Jakarta (7/4) – Indonesia Competition Commission (ICC) has issued Regulation of ICC Number 1 Year 2022 regarding Competition Compliance Program to improve the compliance of business actors with competition law. The program intended as a prevention effort constitutes a series of activities prepared and developed by business actors to demonstrate their compliance with the principles… [Read More]
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