Notification Procedure Simplified, And Asset Notification Clarified

Under the new Indonesian merger regulation ("2019 Merger Regulation"), businesses are required to notify their asset transactions to the Indonesia Competition Commission or the KPPU. But the lack of clarity on various technical aspects for the notification has caused different interpretations to emerge. As a result, businesses often have to informally consult with the KPPU to obtain its confirmation, which is impractical and time-consuming.

At the end of July 2020, the KPPU held a public webinar to discuss asset acquisitions from a merger control perspective as part of its effort to clarify the scope of the asset acquisition notification. In the webinar, the KPPU clarified the asset acquisition exemptions, as well as simplified the merger notification procedure.