KPPU Introduces Competition Compliance Program For Businesses

On March 24, 2022, the Indonesia Competition Supervisory Commission (Komisi Pengawas Persaingan Usaha or “KPPU”) issued its first regulation in 2022 on Competition Compliance Program (“Reg. 1/2022”). As its title implies, Reg. 1/2022 aims to improve compliance of businesses towards the compliance regulatory regime in order to create a healthier competition ecosystem in the market.

Essentially, Reg. 1/2022 encourages businesses to develop a “Competition Compliance Program”, namely series of programs, activities and guidelines codified into a document that is integrated into a business'/companies' policies.

We set out below key provisions under Reg. 1/2022.

• Contents of Competition Compliance Program