New KPPU Regulation on Merger Filings - Simplification Yet Some Clarity is Needed
The Indonesian Business Competition Supervision Commission (Komisi Pengawas Persaingan Usaha – “KPPU”) recently introduced a new regulation on merger filings, KPPU Regulation No. 3 of 2019 on Assessments of Mergers or Consolidations of Business Entities or Acquisitions of Shares in Companies which might Result in Monopolistic Practices and/or Unfair Business Competition (“New Regulation”). This regulation replaces the KPPU’s previous regulations on merger filings (“Previous Regulations”) including amongst others KPPU Regulation No. 2 of 2013.
Written by Lia Alizia, Yohanes Masengi, Jonathan Tjenggoro, and Benedicta Frizka, read about some key or notable changes by clicking the button below.
NEXT ARTICLES
The Omnibus Law on Job Creation – An Overview of the Changes regarding the Ease, Protection and Empowerment of Cooperatives, Micro, Small and Medium-Scale Businesses
The Omnibus Law on Job Creation which was passed in October 2020 as Law No. 11 of 2020 on Job Creation (the “Job Creation Law”), is claimed to be one of the government’s efforts to accelerate economic growth through creating jobs, encouraging investment and increasing productivity.
Download read more
The Minister of Energy and Mineral Resources Amends the Purchase Scheme for Renewable Sourced Electricity
The Minister of Energy and Mineral Resources issued Regulation No. 4 of 2020 to accelerate the development of renewable sourced electricity as well as to improve the economic value renewable power plants.
Download read more
Amendments on The Establishment, Management, Supervision and Dissolution of State-Owned Enterprises
On June 8, 2022, President Joko Widodo signed Government Regulation No. 23 of 2022 (“GR No. 23/2022”) on Amendments to Government Regulation No. 45 of 2005 (“GR No. 45/2005”) on The Establishment, Management, Supervision and Dissolution of State-Owned Enterprises. GR No. 23/2022 amends several provisions of GR No. 45/ 2005.
Download read more
New Indonesian Regulation Requires Ministerial Approval for Changes to Shareholdings or Board Members of Companies doing Business in the Field of Energy and Mineral Resources
On 14 July 2017, the Minister of Energy and Mineral Resources (“MEMR”) issued MEMR Regulation No. 42 of 2017 on the Supervision of the Implementation of Business Activities in the Field of Energy and Mineral Resources (“Reg 42/2017”)
Download read more