| Issue Number : 4363

KPPU Offers Incentives to Business Actors That Register Their Business-Competition Compliance Programs

Law No. 5 of 1999 on the Prohibition of Monopolistic Practices and Unfair Business Competition (“Law 5/1999”)[1] does not explicitly require business actors to formulate business-competition compliance programs. However, as business actors are generally required to comply with Law 5/1999, said programs are expected to become an integrated part of business actors’ policies.[2] In order to assist business actors in the formulation of said compliance programs, the Business Competition Supervisory Commission (Komisi Pengawas Persaingan Usaha – “KPPU”) issued a set of guidelines back in 2016.

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Law No. 5 of 1999 on the Prohibition of Monopolistic Practices and Unfair Business Competition (“Law 5/1999”)[1] does not explicitly require business actors to formulate business-competition compliance programs. However, as business actors are generally required to comply with Law 5/1999, said programs are expected to become an integrated part of business actors’ policies.[2] In order to assist business actors in the formulation of said compliance programs, the Business Competition Supervisory Commission (Komisi Pengawas Persaingan Usaha – “KPPU”) issued a set of guidelines back in 2016.

......

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Hukumonline Pro Intelligence

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professionalprofessionalUniversity Solutions
*Syarat dan ketentuan berlaku
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