CCCS and Indonesia's Commission for the Supervision of Business Competition Sign MOU on Enforcement Cooperation of Competition Law
30 August 2018
(View Media Release in PDF)
1. Chief Executive of the Competition and Consumer Commission of Singapore (“CCCS”), Mr. Toh Han Li, and Chairman of the Commission for the Supervision of Business Competition (“KPPU”)[1], Dr. Kurnia Toha have concluded a Memorandum of Understanding (“MoU”) to facilitate cooperation on competition enforcement between CCCS and KPPU.
2. This is the first MoU on enforcement cooperation of competition law between CCCS and an ASEAN competition authority. It signifies the strengthening of the current long-standing relationship between both competition authorities.
3. The MoU will enhance effective enforcement of competition laws in Indonesia and Singapore through the establishment of a cooperation framework between both competition authorities. The MoU will encourage notification of enforcement activities that potentially affect one party’s interests. The MoU will also facilitate the exchange of information between CCCS and KPPU, as well as enforcement coordination for cases of mutual interest.
4. Chief Executive, CCCS, Mr. Toh Han Li said,
“CCCS and KPPU have enjoyed an excellent relationship over the years. Both agencies meet and engage each other regularly under the auspices of the ASEAN Experts Group on Competition[2]. Recently, both agencies also worked jointly to co-organise a workshop on “Big Data and Competition Law”.
This MoU will further enhance cooperation between CCCS and KPPU and increase the effectiveness of competition law enforcement on cross-border cases involving both countries. The MoU will also contribute towards more consistent and effective outcomes and remedies, which will in turn provide businesses with greater regulatory certainty.”
5. A copy of the MoU is available on CCCS’s website[3].
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[1] The KPPU enforces the Indonesian competition law, known as the Prohibition of Monopolistic Practices and Unfair Business Competition.
[2] The ASEAN Experts Group on Competition (“AEGC”) is an official body comprising representatives from the competition authorities and agencies responsible for competition policy and law in ASEAN Member States. It oversees cooperation activities relating to competition policy and law in ASEAN as well as implementation of measures under the ASEAN Economic Community Blueprint. CCCS represents Singapore at the AEGC and is the Chair of AEGC for 2018.
[3] www.cccs.gov.sg