ICC Fines Pon Holdings Bv For Delay Notification Of Dorel Finance US, Inc. Stock Acquisition.
Friday, September 22, 2023
Jakarta (21/9) – The Indonesia Competition Commission (ICC) imposed a fine on Pon Holdings BV amounting to IDR 1,250,000,000 (one billion two hundred and five hundred and fifty million rupiah) for late notification of the share acquisition transaction carried out on Dorel Finance US, Inc. These sanctions were read out at the Panel Session to… [Read More]
ICC Declares March 5 as The National Competition Day.
Wednesday, June 21, 2023
Jakarta (11/06) – Indonesia Competition Commission (ICC) has declared the date of birth of Law No. 5 of 1999, namely March 5, as the National Competition Day. The declaration led by the Chairman of ICC, M. Afif Hasbullah was part of the celebration of the 23th anniversary of ICC which fell on June 7, 2023.… [Read More]
Shopee Complies With ICC’s Instruction To Rectify Partnership With Driver Partners.
Wednesday, June 21, 2023
Jakarta (07/06) - PT Shopee International Indonesia (Shopee) has rectified the profit sharing partnership with Shopeefood driver partners as instructed by the Indonesia Competition Commission (ICC) in Written Warning I in Case Number 01/KPPU-K/2023 with regard to the Alleged Violation of Article 35 paragraph (1) of Law Number 20 of 2008 regarding the Implementation of… [Read More]
ICC Read Out the Decision On Packaged Cooking Oil Case in Indonesia.
Wednesday, June 21, 2023
Jakarta (27/05) - Indonesia Competition Commission (ICC) read out Decision on Case Number 15/KPPU-I/2022 regarding Alleged Violation of Article 5 and Article 19 Sub-article c in the Sales of Packaged Cooking Oil in Indonesia at the Head Office of ICC in Jakarta on May 26, 2023. The Commission Panel stated in its Decision that the… [Read More]
ICC Recommends That the Government Issue A Regulation Regarding Price Difference of Economic Reference Price and Highest Retail Price for Cooking Oil.
Wednesday, June 21, 2023
Jakarta (10/05) – Indonesia Competition Commission (ICC) recommends that the Ministry of Trade issue a regulation with regard to the discharge of the obligation to make payment for price difference of economic reference price and highest retail price of cooking oil to the already verified business. There is an urgent need for issuing the regulation… [Read More]
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