Indonesia: Indonesia Competition Commission initiated preliminary assessment into TikTok and Tokopedia acquisition over concerns of increased market concentration (Case No. 01/KPPU-M/2025)

On 19 March 2025, the Indonesia Competition Commission (Komisi Pengawas Persaingan Usaha, KPPU) received the second mandatory post-transaction notification from TikTok Pte. Ltd. concerning its acquisition of PT Tokopedia (Case No. 01/KPPU-M/2025). This followed an initial submission filed on 13 March 2025. The second filing completes the formal notification process under Indonesia’s merger control framework. Both submissions are now subject to preliminary assessment to determine any potential impact on competition in the e-commerce sector. The notifications pertain to share and asset transactions completed on 30 and 31 January 2024. KPPU has stated that it will conduct its review in accordance with standard procedures while maintaining investigative independence. The Commission has also invited market participants to submit relevant information or evidence regarding any post-transaction conduct that may raise competition concerns.