#KPPU
TikTok fined Rp 15 billion for delayed notification of Tokopedia acquisition
The Indonesian Business Competition Supervisory Commission (KPPU) has imposed a fine of Rp15 billion (US$967,741) on TikTok Nusantara (SG) Pte. Ltd. for failing to timely notify the acquisition of a majority stake in PT Tokopedia.
KPPU warns of law violation in potential Grab-GoTo merger
Indonesia’s Business Competition Supervisory Commission (KPPU) has issued a public warning regarding the potential merger between tech giants Grab and GoTo, emphasizing the importance of compliance with national competition laws.
U.S. tariff policy threatens Indonesian competition, SMEs: KPPU
The Business Competition Supervisory Commission (KPPU) has raised concerns over the economic impact of the United States' new 32 percent reciprocal import tariff on Indonesian goods, warning that the policy could severely disrupt domestic competition and threaten small and medium enterprises (SMEs).