Overview

In order to ensure healthy business competition across Indonesia, the Indonesian Government has now promulgated Law No. 5 of 1999 on the Prohibition of Monopolistic Practices and Unfair Business Competition (“Law 5/1999”).[1] As well as introducing Law 5/1999, the Indonesian Government has also established the Business Competition Supervisory Commission (Komisi Pengawas Persaingan Usaha – “KPPU”), an independent agency that is authorized, in general, to work to prevent business actors from engaging in any monopolistic or unfair business competition practices and to impose administrative sanctions in relation to any violations of Law 5/1999.[2]