Impact of new KPPU merger control regulation on asset transactions in Indonesia

On 2 October 2019, the Indonesian Competition Commission (“KPPU”) issued Regulation No. 3 of 2019 on Evaluation of Company Mergers, Consolidations or Share Acquisitions that May Result in Monopolistic Practices and/or Unfair Business Competition (“Regulation 3”). While Regulation 3 came into effect on 3 October, it only became public on 14 October. Read more

FDI Podcast EP6: Foreign Direct Investment in China

In this, sixth episode, Veronica Roberts, an anti-trust partner in Herbert Smith Freehills’ competition practice, leads a discussion about foreign direct investment in China. She talks to Karen Ip and David Dawborn, corporate partners at Herbert Smith Freehills and Ying Staton, head of Asia at Global Counsel. Read more

Competition Tribunal hands down judgments finding first ever contraventions of the Competition Ordinance

On 17 May 2019 the Competition Tribunal (“Tribunal”) issued two much anticipated decisions in relation to the first and second cases brought before it by the Hong Kong Competition Commission (“Commission”). These judgments are noteworthy because, in addition to establishing the very first contraventions of the Competition Ordinance (“Ordinance”), they clarify a number of key … Read more

A snapshot of Indonesian Merger Control in 2018

The current merger control regime in Indonesia has been in place for eight years. In that time, the Commission for the Supervision of Business Competition (KPPU) has received more than 480 merger notifications from business actors, 69 of them in 2018. While the KPPU continues its efforts to raise awareness of the merger control requirements, … Read more