Government wants antimonopoly law in place by December
Government wants antimonopoly law in place by December
JAKARTA (JP): The government is targeting to have an
antimonopoly law on the books by the end of the year to foster
healthier business competition in the country, an official said
Monday.
The secretary-general of the Ministry of Trade and Industry,
Muchtar, said the government had submitted the draft of the
antimonopoly bill to the House of Representatives (DPR), which
would start its deliberations next month.
"The antimonopoly draft will be deliberated in October or
November and is expected to be completed by the beginning of
December or the end of the year at the latest," Muchtar told
reporters after opening a seminar on the draft.
It contains items forbidding the centralization of economic
activities in one person or business group, he said.
Muchtar believed the law would eliminate the unhealthy
business climate created by distorted and monopolistic practices
which created an inefficient economy.
President B.J. Habibie, who is German-educated, requested
assistance from the German government to draft and implement the
law.
An advisor to the German team, Wolfgang Kartte, said a market
economy like that of Indonesia could not function well without a
good competition law, based on experiences from the United States
and Europe.
Kartte, who served as a president at the German Antimonopoly
Board for 16 years, said the implementation of the law would need
a strong base of human resources, including trained judges,
lawyers and legal experts and staff, he said.
The German embassy and the German Technical Cooperation GTZ
together with the Konrad Adenauer, Friedrich Ebert, Hanns Seidel
and Friedrich Naumann foundations will hold seven seminars, each
lasting a week, to introduce all potential aspects and problems
on the law and its implementation.
The first seminar began on Monday will last until Friday. The
remaining seminars will start on subsequent Mondays in the coming
weeks. (das)
JAKARTA (JP): The government is targeting to have an
antimonopoly law on the books by the end of the year to foster
healthier business competition in the country, an official said
Monday.
The secretary-general of the Ministry of Trade and Industry,
Muchtar, said the government had submitted the draft of the
antimonopoly bill to the House of Representatives (DPR), which
would start its deliberations next month.
"The antimonopoly draft will be deliberated in October or
November and is expected to be completed by the beginning of
December or the end of the year at the latest," Muchtar told
reporters after opening a seminar on the draft.
It contains items forbidding the centralization of economic
activities in one person or business group, he said.
Muchtar believed the law would eliminate the unhealthy
business climate created by distorted and monopolistic practices
which created an inefficient economy.
President B.J. Habibie, who is German-educated, requested
assistance from the German government to draft and implement the
law.
An advisor to the German team, Wolfgang Kartte, said a market
economy like that of Indonesia could not function well without a
good competition law, based on experiences from the United States
and Europe.
Kartte, who served as a president at the German Antimonopoly
Board for 16 years, said the implementation of the law would need
a strong base of human resources, including trained judges,
lawyers and legal experts and staff, he said.
The German embassy and the German Technical Cooperation GTZ
together with the Konrad Adenauer, Friedrich Ebert, Hanns Seidel
and Friedrich Naumann foundations will hold seven seminars, each
lasting a week, to introduce all potential aspects and problems
on the law and its implementation.
The first seminar began on Monday will last until Friday. The
remaining seminars will start on subsequent Mondays in the coming
weeks. (das)