Indonesia Competition Commission (ICC) Role in Upholding Economic Democracy in Indonesia

DOI

10.2991/978-2-38476-164-7_85How to use a DOI?

Keywords

Business Competition; Economic Democracy; Indonesia Competition Commis-sion (ICC); Legal Protection

Abstract

Since the establishment of the Indonesia Competition Commission (ICC) in 1999, its existence has still not effectively upheld economic democracy, especially regarding unfair business competition. Based on the five principles of Pancasila, one principle that is very important to receive attention at this time is “Social jus-tice for all Indonesian people”. In the context of economic democracy, Law No. 5 in 1999 was promulgated as an aspiration from the 1998 reform. This law was the answer to conglomeration. ICC, as a state auxiliary organ, is given a number of authorities. ICC receives reports from the public and or from business actors regarding allegations of monopolistic practices and or unfair business competi-tion. However, behind this authority, the ICC has yet to be supported by an ade-quate secretariat. Large business actors still dominate the Indonesian economy and will still be dominated by a handful of actors with capital and technological capabilities. Some fundamental issues after the 1998 reform, including bureau-cratic reform, banking restructuring, and the decentralization agenda, with the hope of equal welfare distribution throughout the country. However, it has creat-ed new problems with the increasing number of regional heads committing cor-ruption. Likewise, in an economic democracy, the role of cooperatives, State En-terprises and Village-Owned State Enterprises has not become the leading actor in the development of economic democracy and even tends to strengthen the role of the private sector with unlimited capital accumulation and leads to indications of unfair business competition. Therefore, it is necessary to conduct research on strengthening the Business Competition Supervisory Commission as a form of legal protection and economic democracy in Indonesia, in which an analysis will be produced on the role of the ICC in upholding economic democracy in Indonesia.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Ade Maman Suherman
PY  - 2023
DA  - 2023/12/21
TI  - Indonesia Competition Commission (ICC) Role in Upholding Economic Democracy in Indonesia
BT  - Proceedings of the 3rd International Conference on Law, Governance, and Social Justice (ICoLGaS 2023)
PB  - Atlantis Press
SP  - 917
EP  - 927
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-164-7_85
DO  - 10.2991/978-2-38476-164-7_85
ID  - Suherman2023
ER  -