FOREWORD

Dear viewer,

Since the promulgation of Law No 5 of 1999 Concerning Prohibition on Monopolistic Practices and Unfair Business Competition (“the Law No 5”) on March 5, 1999 and came into effect six months thereafter, the Law No 5 serves as the main legal source for regulating business competition in Indonesia.

It has increasingly played a vital role which taking into considerations in the daily economic decisions that called by private sectors as well as governmental institutions. Fair competition at present, not only emerges as an economic and legal jargon, but much more than that, as an important business strategy to win the market and as a goal when imposing a public policy.

Unfortunately, there are limited understanding from the stakeholders regarding competition law and particularly the application of Law No 5. There are only handfuls of policy makers, directors, managers, lawyers, economists, professors, and students who really own thorough understanding about competition law in Indonesia. This condition certainly needs to be improved, the efficacy of implementation of competition law in Indonesia largely depends on the concern of its stakeholders. The wider attention given to the Indonesian competition law and policy will strengthen and improve it and concurrently ensure the promotion of fair competition in Indonesia will be achieved in a flawless course.

This blog is only a little effort to broaden the awareness and understanding about Indonesian competition law and policy. It hopes to draw wider perspectives from its audiences which can be synergized for the sustainable development of Indonesian competition law and policy.

Warm regards,


Editor