INDONESIA'S M&A NOTIFICATION REGIME

Over a decade has now passed since the passage of Indonesia’s Anti-Monopoly Law (“AML”) in 1999. After a slow start, the Indonesian Business Competition Supervisory Commission (“KPPU”) has now become a significant feature of the Indonesian business landscape, taking a more active role particularly since 2009, in which year it issued a spate of interpretive guides to the AML. In July 2010, the Indonesian Government issued the long-awaited Government Regulation No. 57 of 2010 (“GR 57”), which enlivened the merger control provisions in Article 29 of the AML, which until then had been dormant.