Indonesia: Competition Commission announced investigation into TikTok’s alleged delay in notification of Tokopedia's share acquisition (No. 049/KPPU-PR/VII/2025)

On 22 July 2025, the Indonesian Competition Commission (KPPU) announced an investigation into TikTok’s alleged delay in notification of Tokopedia's share acquisition. The investigation focuses on TikTok's 88-working-day delay in notifying its 75.01% share acquisition of Tokopedia. The investigation examines potential violations of Article 29 of Law No. 5/1999 on notification of mergers and Article 55 of Government Regulation No. 57/2010 on the procedural aspects of mergers. It was highlighted that KPPU had granted conditional approval for the acquisition on 17 June 2025 and the current proceedings will focus on assessing compliance with notification requirements.