Strategies and Best Practices Firms Should Adopt in Compliance with Business Competition Law The Role of Cybercrime in Indonesian Perspective

Hasbullah, Muhammad Afif (2022) Strategies and Best Practices Firms Should Adopt in Compliance with Business Competition Law The Role of Cybercrime in Indonesian Perspective. International Journal of Cyber Criminology. ISSN 0974–2891

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Abstract

Firms that aim to acquire a competitive advantage over their closest rivals frequently engage in anti-competitive and unfair commercial activities. Multiple firms rely on competition laws to safeguard their customerslegally. The business competition legislation helps enterprises/SMEs build their market and business strategies more efficiently; nevertheless, not all firms implement an in-house compliance program that could benefit from the competition law. They are uninformed of the prerequisite tactics and practices that can contribute to competitive advantage and long-term viability. This article aimedto explore the scope and aims of Indonesia's competition strategy in light of the country's expanding trade and investment regime (Lloyd, 2000). The study evaluated the Indonesian competition laws and regulations in the context of a normative competition law theory framework and the execution of competition law provisions. Cases assessed by the Business Competition Supervisory Commission (KPPU) were also mentioned as evidence of alleged competition law violations. The study employed a documentation survey and exploratory research methodology to determine the applicable national, and international business competition laws andthe underlying regulations companies must adhere to in terms of labor and wages, competition, trade tariffs, health and safety, the environment, and data protection. The research will have a positive social influence on the working relationships between SMEs and their stakeholders. The Commerce Competition Supervisory Commission's restricted authority may impactIndonesia's antitrust laws, especially those aboutthe online industry (buying and selling). This article discusses and analyzes the competition laws in effect in Indonesia to safeguard consumer and societal interests.

Item Type:	Article
Subjects:	K Law > K Law (General)
Divisions:	Fakultas Hukum > Ilmu Hukum
Depositing User:	admin unisda jaya
Date Deposited:	27 Mar 2023 02:37
Last Modified:	30 Apr 2023 09:33
URI:	http://repository.unisda.ac.id/id/eprint/952

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