KPPU Sets Precedent: First Antitrust Approval for Non-Merger Business Cooperation Agreement Issued – A Boost for Business Certainty
The Indonesia Competition Commission (Komisi Pengawas Persaingan Usaha or KPPU) has issued its first-ever antitrust approval for a non-merger business cooperation agreement. This decision, announced in a press release on 27 February 2025, involves a joint business agreement between PT Garuda Indonesia (Persero) Tbk and Japan Airlines.