On 9 November 2020, the Business Competition Supervisory/Komisi Pengawas Persaingan Usaha (“KPPU”) promulgates a new regulation that provides several relaxations on the law enforcement of the competition law regime (“Relaxation”). This regulation is endeavored to boost national economic recovery and to implement the provisions established under Law No. 2 of 2020 on the Promulgation of Regulation of Government in Lieu of Law No. 1 of 2020. Legal Frameworks: Our below executive summary refers to the KPPU Regulation No. 3 of 2020 on the Relaxation of Law Enforcement of Monopolistic Practices, Unfair Business Competition, and Supervision of Partnership Arrangement in order to Support the National Economic Recovery Program (“KPPU Reg 3/2020”).
Please find our executive summary regarding certain relaxations on the supervision and law enforcement in the competition law regime on this below article.