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Penalty imposed by the Indonesian competition supervisory commission (Komisi Pengawas Persaingan Usaha "KPPU") for late notification of M&A deal
- Rajah & Tann LLP
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- Indonesia
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- December 14 2012
In a decision announced on 11 December 2012 (the "Decision"), KPPU has imposed a fine of IDR4,600,000,000 (approximately USD 476,932) for failure to report a notifiable transaction within the required period of 30 days under Article 29 of the Indonesian Competition Act (No
KPPU recommends dissolving the Indonesian Cement Association
- Rajah & Tann LLP
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- Indonesia
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- October 18 2010
On 18 August 2010, the KPPU concluded its investigation on an alleged price-fixing cartel between eight cement producers in Indonesia by deciding that there was insufficient evidence to show the existence of a cartel
Drug manufacturers Pfizer and Dexa heavily fined in Indonesia
- Rajah & Tann LLP
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- Indonesia
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- October 18 2010
On 27 September 2010, the Indonesian competition regulator ('KPPU') imposed a record fine of IDR 25 billion on PT Pfizer Indonesia and IDR 20 billion (S$3 million) on PT Dexa Medica for fixing the price of amlodipine tablets, a drug used to treat high blood pressure, in Indonesia
Indonesia issues regulations on notification of mergers and acquisitions
- Rajah & Tann LLP
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- Indonesia
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- October 18 2010
In July 2010, the Indonesian Government finally issued Government Regulation No 57 Year 2010 on the Merger, Consolidation and Acquisition which may result in Monopolistic Practices and Unfair Business Competition ('Regulation'
KPPU fines four construction companies for bid rigging and issues a warning to the committee supervising the tender process
- Rajah & Tann LLP
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- Indonesia
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- October 18 2010
In a tender for land clearing and development of the Muaro Bungo Airport in Jambi Province, the KPPU on 30 July 2010 found that PT Bungo Pantai Bersaudara, PT Paesa Pasindo Engineering, PT Riyah Permata Anugrah and PT Bintang Selatan Agung colluded to allow PT Bungo Pantai Bersaudara to win the tender
The Indonesian competition regulator fined 20 cooking oil producers for fixing prices
- Rajah & Tann LLP
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- Indonesia
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- July 5 2010
The KPPU fined 20 Indonesian cooking oil producers for colluding to set prices of cooking oil
Nine Indonesian airlines fined by the KPPU
- Rajah & Tann LLP
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- Indonesia
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- July 5 2010
In May 2010, the KPPU fined nine Indonesian airlines Rp585 billion (S$88,3 million) for fixing the amount of fuel surcharge imposed on passengers for national flights
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