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…