The Supreme Court Upheld ICC Decision on Bid Rigging in The Construction of A Swimming Pool in South Kalimantan.
Wednesday, February 23, 2022
Jakarta (4/2) – The Supreme Court of Indonesia upheld ICC's Decision regarding the case of bid rigging of the Phase II Swimming Pool construction work in Kandangan, South Hulu Sungai, South Kalimantan. With the Supreme Court Decision Number 1265 K/Pdt.Sus- KPPU/2021 issued on November 17, 2021 and published in the case information system on January… [Read More]
ICC Conducts A Comprehensive Assessment of The Tokopedia Acquisition Notification by Gojek.
Wednesday, February 23, 2022
Jakarta (3/2) – Indonesia Competition Commission (ICC) conducted a comprehensive assessment process of the acquisition transaction made by PT Aplikasi Karya Anak Bangsa (GOJEK) over PT Tokopedia. The comprehensive assessment process involved an Assessment Panel consisting of Commissioner Chandra Setiawan as Chair of the Assessment Panel and Commissioners Kurnia Toha and Yudi Hidayat as members.… [Read More]
ICC Held A Competition Outlook For 2022.
Wednesday, February 23, 2022
Jakarta (31/1), The projection of business competition in 2022 is considered to be getting healthier, this is in line with the increasing projection of Indonesia’s economic growth, from 3.7% to 5.2%. The industrial structure is still oligopoly and vertically integrated, more acquisitions has increased market concentration, and the digital economy ecosystem is becoming increasingly dominant.… [Read More]
ICC Issued A Decision on The Tulungagung Bid Rigging Case.
Wednesday, February 23, 2022
Jakarta (25/01) - The Indonesia Competition Commission (ICC) read out its Decision on the Alleged Violation of Article 22 of Law Number 5 of 1999 regarding the Procurement of Revetment Development Packages and Land Acquisition at the Popoh Fishing Port, Tulungagung Regency for Fiscal Year 2017. In the decision number 25/KPPU-I/2020, the Commission Panel decided… [Read More]
ICC Announced The Study Results on Cooking Oil Price.
Wednesday, February 23, 2022
Jakarta (21/1) – At a journalist forum held online yesterday afternoon in Jakarta, the Indonesia Competition Commission (ICC) conveyed the results of a study on the cooking oil prices surge. The forum presented Commissioner Ukay Karyadi, and the Director of Economy, Mulyawan Renamanggala. Based on the research results, ICC explained that the cooking oil prices… [Read More]
ICC Issued A Decision on PT Pelindo Market Control Case at The Port of Yos Sudarso Ambon.
Wednesday, February 23, 2022
Jakarta (11/01) - The Indonesia Competition Commission (ICC) read out its decision regarding the alleged market domination by PT Pelabuhan Indonesia (Pelindo) (formerly PT Pelindo IV (Persero)) related to loading and unloading services at Yos Sudarso Pier in Ambon Harbor. In the decision number 29/KPPU- L/2020 regarding the alleged violation of Article 19 letters a… [Read More]
Ukay Karyadi is The New ICC Chairman.
Friday, February 4, 2022
Jakarta (February 2) –Ukay Karyadi, S.E., M.E., has been appointed as the new Chairman of the Indonesia Competition Commission (ICC) and will lead ICC as of February 3, 2022. This decision was made through a Commission Meeting held today in Jakarta. Ukay replaces the late Kodrat Wibowo, the previous Chairman of the ICC, who passed… [Read More]
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