Linking Anti-trust laws with industrial development: Highlighting the prevalence of Anti-trust laws within the Indonesian manufacturing sector

Hasbullah, Muhammad Afif (2022) Linking Anti-trust laws with industrial development: Highlighting the prevalence of Anti-trust laws within the Indonesian manufacturing sector. International Journal of Criminal Justice Science (1). ISSN 0973-5089

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Abstract

The manufacturing sector in Indonesia is one of the largest contributors to the GDP of the country, especially in the 1980s after the reduction of oil prices, the government of Indonesia mainly focused on the promotion of different non-oil products exports, encouraging the manufacturing sector to provide a large number of opportunities for various organizations. As a result, the competition in the manufacturing sector has largely increased in Indonesia, encouraging different illegal activities and mergers. Therefore, the development of law no. 5 regarding the “Prohibition of Monopolistic Practices and Unfair Business Competition” (UULPM) in 1999 effectively promoted healthier competition between the competitors. An independent body, “the Supervisory Commission on Business Competition (KPPU),” was held responsible for implementing this legislation for effective outcomes. Thus, this study mainly aims to determine the linkage between anti-trust laws and industrial development in Indonesia. For this purpose, different “Indonesian Competition Law” practices were observed in the context of the manufacturing sector in Indonesia. The results obtained from this study showed that the number of illegal activities in the manufacturing sector in Indonesia has gradually increased over the years, and the number of cases presented to the KPPU remains unresolved due to economic and political pressure. Therefore, it has been recommended that the KPPU should be provided with the status of a state agency and it should be provided with enough authority and resources to ensure the implementation of anti-monopoly law in the manufacturing sector in Indonesia to promote fair competition between the firms resulting in the economic and industrial development of the country

Item Type:	Article
Subjects:	K Law > K Law (General)
Divisions:	Fakultas Hukum > Ilmu Hukum
Depositing User:	admin unisda jaya
Date Deposited:	27 Mar 2023 02:12
Last Modified:	30 Apr 2023 10:03
URI:	http://repository.unisda.ac.id/id/eprint/949

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