The Indonesian Government initiates legal reforms of the antitrust sanctioning guidelines

Paramita, Dyah

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7 Sep 2021

The Indonesian Government initiates legal reforms of the antitrust sanctioning guidelines

KEYWORDS

Reference

Indonesian Government, KPPU Regulation No. 2 of 2021, 7 September 2021

Indonesia is pushing massive legal reforms to attract investments and boost economic growth in the world's fourth most populous country, including a revamp on antitrust sanctioning that would allow Komisi Pengawas Persaingan Usaha (KPPU), the Indonesian Competition Authority, more elbow room. We will discuss what additional power and options KPPU seeks for enforcing the Competition Law. This expanded authority, although criticized by some, is expected to bring about more deterrence, as the risks are greater for business people who violate the Competition Law. The recently issued KPPU Regulation No. 2 of 2021 is not much different from the Government Regulation No. 44 of 2021 which we discussed in our previous publication. This new set of regulations provides greater certainty for

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Author

Dyah Paramita
Baker McKenzie (Jakarta)

Indonesia 4 contributions 1911 visits

Quotation

Dyah Paramita, The Indonesian Government initiates legal reforms of the antitrust sanctioning guidelines, 7 September 2021, e-Competitions September 2021, Art. N° 102252

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