New Regulations Relax Criteria for Foreign-to-Foreign Merger and Charge Filing Fees for Merger NotificationThe Indonesia Competition Commission ("KPPU") has introduced a new merger control regulation, KPPU Regulation No. 3 of 2023 on the Assessment of Merger, Consolidation, or Acquisition of Shares and/or Asset that could Result in Monopolistic and/or Unfair Business Competition Practices ("New Merger Regulation"), which came into effect on 31 March 2023.
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intended to provide a general guide to the subject matter and should not be treated as a substitute for specific professional advice.
