Business
Indonesian anti-monopoly agency fines TikTok for late reporting of Tokopedia deal
TikTok has been fined 15 billion rupiah (S$1.15 million) for the late reporting of its acquisition of e-commerce platform Tokopedia,…
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Tokopedia
Business
Indonesia antitrust agency gives 'conditional' go-ahead for TikTok's Tokopedia takeover
The agency will continue to monitor whether the requirements are being implemented until June 17, 2027 Indonesia’s antitrust agency has…
Business
Indonesia antitrust agency finds risk of monopoly from TikTok’s Tokopedia takeover
The agency says it found rising market concentration and warned of possible post-acquisition price hikes due to increased dominance…