The Business Competition Supervisory Commission (Komisi Pengawas Persaingan Usaha or "KPPU") recently promulgated KPPU Regulation on the Assessment on Merger or Consolidation of Business Entities, or Acquisition of Companies Which May Result in Monopolistic Practices and Unfair Business Competition. The new regulation is one of the measures to align with similar authorities worldwide within the field of corporate action and in the spirit of the antitrust law, to better supervise any merger and acquisitions in Indonesia.
What's in the new regulation, and how is it applied? Dentons HPRP's lawyers, Fabiola Hutagalung (Partner), Jake Junior Al Izhar Joaquin (Associate), and Widiarahmi Afiandari (Professional Support Lawyer), have prepared a comprehensive article regarding the new regulation highlighting the important points.
The complete article can be downloaded here.
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