Upgrade your membership plan for the full website experience.
View Membership Plans
January 31, 2024

Jokowi appointed Commissioners of the Business Competition Supervisory Commission (KPPU)

indonesia
January 31, 2024

On January 18, 2024, President Joko Widodo inaugurated the new commissioners of the Business Competition Supervisory Commission (KPPU) followed. The 2024-2029 period will focus on enhancing supervision within sectors that have exhibited below-average performance on the National Competition Index for over the past five years, such as energy and mineral resources, construction, food and digital marketplace. Despite the previous reluctance from House Commission VI, due to the alleged conflict of interest in the selection team, parliament had conducted the fit and proper tests for the candidates.

KPPU was a product of reformation launched in 1999 to eradicate trade monopoly and unfair business practices which more common during Suharto regime. It is one of the key players in the implementation of Omnibus Law on Job Creation. Additionally, the new commission supports the creation of the Law on Digital Markets. Currently, the existing regulation is not designed to manage digital trade and is still focuses on conventional trade.
 
With regards to the digital markets, KPPU will work closely with the Communication and Informatics Ministry, Cooperative and Small and Medium Enterprises (SMEs) Ministry, Trade Ministry, the Financial Services Authority (OJK), and relevant stakeholders. The absence of a national strategy for digital transformation and a governing body. Discriminatory practices, such as shadow banning and algorithm monopoly are still apparent on digital platforms. The absence of a national strategy for digital transformation and a governing body would harm digital economy development structure and the competitiveness of MSME products due to the invasion of Chinese e-commerce products.
 
Experts argued that only by addressing resource limitations, ensuring political independence of their commissioners and improving regulatory framework, KPPU can effectively contributing to the betterment of Indonesia’s business ecosystem.

Join the Council to continue reading this article
Enhance your business impact in Southeast Asia: Become a member of the US-ASEAN Business Council and tap into a network of possibilities.
Free Related Articles

Membership Plans

Corporate Council

Corporate membership provides general advocacy support, access to all country- and industry-specific updates, and access to most Council events.

  • Business missions to all 10 ASEAN markets which engage governments at the highest levels.
  • Off-the-record roundtables and policy briefings with senior government leaders in ASEAN and the U.S.
  • On-the-ground support for promoting your positions/policy priorities with policy makers.
  • Industry-specific, country-specific, cross-sector and regional advocacy through committees that target their engagement based on member priorities.
  • Advocacy on your behalf in situations where your company should not be directly identified or is unable to be present.

Chairman’s Council

Corporate membership provides general advocacy support, access to all country- and industry-specific updates, and access to most Council events.

  • All Corporate benefits.
  • Assistance with resolving company-specific trade or investment issues through our six regional offices and U.S.-based staff.
  • Develop effective advocacy strategies to impact policy concerns.
  • Identification of, and engagement with appropriate policy influencers to impact policy concerns.
  • Assistance in conducting follow-up after engaging government leaders (can include providing officials with additional materials, setting up meetings with their staff, getting a readout of the government’s reaction to the discussion).
  • Support for developing arguments that will resonate with target stakeholders.
  • Leading and setting the agenda and policy priorities of the Country and Industry Committees.