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View all search resultsThe selection committee appointed by President Joko "Jokowi" Widodo to select candidates for commissioners for the Business Competition Supervisory Commission (KPPU) claims to be independent in selecting the prospective individuals.
The House of Representatives has blamed the government for the standoff on the election of the Business Competition Supervisory Commission (KPPU)’s commissioners, saying the latter had failed to appoint independent members to the selection team for the commissioner candidates.
President Joko “Jokowi” Widodo has issued a decree to extend the office term of the Business Competition Supervisory Commission (KPPU) commissioners after the House of Representatives failed to confirm any of the 18 commissioner candidates he submitted in November, last year.
The Business Competition Supervisory Commission (KPPU) is temporary closed as of Wednesday after the House of Representatives rejected to confirm the KPPU candidates, who were submitted by the government in November, 2017.
PT Tirta Investana, the producer of Aqua bottled water, has denied any wrongdoing after the Business Competition Supervisory Commission (KPPU) ordered the company to pay Rp 13.84 billion (US$968,800) in fines to the state on Tuesday.
The Business Competition Supervisory Commission (KPPU) has punished PT Tirta Investana, a producer of Aqua bottled water to pay a fine of Rp 13.84 billion (US$968,800) to the state for violating the business competition law at a hearing in Jakarta on Tuesday.
The Business Competition Supervisory Commission (KPPU) suspects that price fixing committed by several business players has caused the price of garlic to skyrocket to Rp 80,000 (US$6.02) per kilogram, double the normal price of Rp 38,000 per kg, ahead of Idul Fitri.
The Business Competition Supervisory Commission (KPPU) will work with the Chinese authorities that deal with anti-business monopolies to address a problem in garlic trading that had sparked a sharp price increase for the commodity.
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