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Competition Law Merger Consolidation - Luthfan Abel Alghifary
Competition Law Merger Consolidation - Luthfan Abel Alghifary
1. Undang-Undang Nomor 40 Tahun 2007 tentang Perseroan Terbatas (UUPT), terutama Pasal 109
sampai dengan Pasal 111.
Undang-Undang Nomor 5 Tahun 1999 tentang Larangan Praktek Monopoli dan Persaingan Usaha
Tidak Sehat (UU Antimonopoli), terutama Pasal 28 sampai dengan Pasal 30.
Peraturan Komisi Pengawas Persaingan Usaha Nomor 3 Tahun 2019 tentang Penilaian Terhadap
Penggabungan atau Peleburan Badan Usaha dan Pengambilalihan Saham Perusahaan Yang Dapat
Mengakibatkan Terjadinya Praktek Monopoli dan Persaingan Usaha Tidak Sehat
3. Notification obligations for acquisitions and mergers vary greatly depending on the
jurisdiction. Here's a general overview:
Purpose:
Promote competition by allowing regulatory authorities to review transactions with
potential anti-competitive effects.
Ensure transparency and accountability in business dealings.
Protect creditors and other stakeholders.
Triggering events:
Crossing certain financial thresholds (e.g., asset value, turnover)
Acquisition of a certain percentage of voting securities.
4.
5. No, not every merger, acquisition, and consolidation violates competition law.
Competition laws exist to prevent anti-competitive practices that harm consumers and
stifle innovation. They generally focus on prohibiting transactions that:
Substantially lessen competition: This means the transaction significantly reduces the number of
competitors in a market, leading to higher prices, lower quality, and less choice for consumers.
Create or enhance market power: This means the transaction allows one or more companies to
exert undue influence over a market, allowing them to act anti-competitively.
Lead to coordinated anti-competitive behavior: This means the transaction creates an
environment where it is easier for companies to collude and engage in price fixing, market
allocation, and other harmful practices.