Indonesia: Competition Commission announced assessment of Grab-GoTo merger under Law No. 5/1999 on Anti-Monopoly and Unfair Business Practices

On 21 May 2025, the Indonesian Competition Commission (KPPU) issued a statement addressing the potential merger between Grab and GoTo under Indonesia’s mandatory post-merger notification framework stipulated in Law No. 5/1999 on Anti-Monopoly and Unfair Business Practices. The KPPU clarified that it can only conduct a competition impact assessment after receiving official notification from the parties involved, which must be submitted within 30 days of the transaction’s effective date, while also noting that voluntary consultations remain available prior to formal submission. The KPPU is conducting independent research to identify potential market effects of the merger, including barriers to entry, anti-competitive risks, efficiency gains, and implications for Small and Medium-sized Enterprises (SMEs), technology development, and national industry competitiveness, in line with KPPU Regulation No. 3/2023. Companies were reminded of the requirement to perform self-assessment to ensure compliance with competition laws, with non-compliance potentially resulting in administrative sanctions or transaction annulment.