The Asia-Pacific Antitrust Review 2011

Indonesia: Overview

Law Number 5 Year 1999 on Prohibition of Monopolistic Practices and Unfair Business Competition (‘Indonesian Competition Law/ICL’) was introduced in March 1999 and entered into force one year later. Prior to the adoption of this law, there were legislations containing competition rules fragmented in numerous laws or regulations but they lacked enforcement power. Thus, promulgation of ICL as well as the establishment of special competition agency signifies the commitment and effort of Indonesian government to strengthen competitive structure of Indonesian economy or businesses and to eliminate monopolistic practices or unfair business competition which was widely practised between 1970 and the 1990s.