Indonesian Competition Body Aims Fines at Companies Late to Report Merger or Acquisition
Indonesia’s Business Competition Supervisory Commission (Komisi Pengawas Persaingan Usaha or “KPPU“) is seen to be more strictly enforcing fines for companies that are late in notifying the KPPU of a merger or acquisition that meets a certain threshold. KPPU Notification Requirement The requirement to notify the KPPU of a merger or acquisition is regulated under … Indonesian Competition Body Aims Fines at Companies Late to Report Merger or Acquisition