Indonesian Competition Law (ICL), otherwise known as 'Law No. 5 of 1999 on the Prohibition of Monopoly and Unfair Business Competition Practices', entered into force in 2000.
The ICL has numerous objectives which include providing equal opportunity for business actors, preventing development of monopolies and unfair business competition, securing public interest, promoting effective and efficient business practices, and improving national efficiency. ICL achieves these objectives by prohibiting restrictive business practices, identifying prohibited agreements/actions, as well as developing rules which govern mergers, consolidations and acquisitions.
There are numerous areas in which JWK is able to advise or represent private sector entities dealing with matters related to Competition Law violations. Our assistance includes:
- merger control and global merger notification;
- filing reports to KPPU;
- representing clients throughout the process of KPPU investigations;
- initiating and representing clients through the appeals process.
Joseph Wira Koesnaidi has experience advising clients on implementation of Law No. 5/1999, including legal proceedings at the Commission for the Supervision of Business Competition (KPPU) and appeals proceedings at the district courts. These cases have concerned cartels, abuse of dominant position, bid rigging, and other unfair business practices.