TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

KPPU to stay independent, says minister

  • The Jakarta Post

Jakarta   /   Thu, July 12 2018   /  02:50 am

The Trade Ministry has emphasized that the revision of Law No. 5/1999 on monopolies and unfair business competition will not jeopardize the independence of the Business Competition Supervisory Commission (KPPU).Previously, the government had suggested to the House of Representatives’ working committee on the revision of the law to have the KPPU work under the Trade Ministry’s authority.That suggestion had caused concern among businesspeople, who argued it could weaken the commission’s authority to ensure fair competition.“The government and the House of Representatives’ [working committee] have agreed to keep the KPPU as an independent body that works under the president, not as part of the government working under the Trade Ministry’s authority,” Trade Minister Enggartiasto Lukita said recently during a visit to the KPPU offices in Central Jakarta.He said the government re...