- 27/04/2023
- Legal Update
Indonesia | Indonesia’s Merger Control Rules Revised: Threshold Reversal, Introduction Of A New System, And Filing Fees
Indonesia introduces two new regulations concerning merger control. Government Regulation No. 20 of 2023 focuses on types and tariffs of non-tax state revenue applicable to the Indonesian Business Competition Supervisory Authority (KPPU), while KPPU Regulation No. 3 of 2023 addresses the assessment of mergers, consolidations, or acquisitions of shares/assets that may lead to monopolistic or unfair business competition practices. These changes represent the KPPU's efforts to streamline and digitalize merger filing notifications.
To learn more, read our Advisory here.