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Indonesia: Antitrust authority steps up initiative

 |  January 28, 2013

The KPPU – the Business Competition Supervisory Commission – has announced new efforts to focus on the banking and energy sectors of Indonesia, the largest economy in Southeast Asia. Newly-appointed JPPY chairman Nawir Messi recently stated that the authority will increase efforts to fight monopolies, especially in markets with high effect on public interest and markets highly sensitive to supply and demand fluctuations like rice. In a statement, Nawir Messi also stated that the authority will begin initiating their own investigations into companies, rather than waiting for complaints to come in.

Full Content: The Jakarta Post

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