Description

Indonesia has recently emerged as Southeast Asia’s largest digital economy, which is currently valued at over US$90 billion and is home to 14 ‘unicorn’ tech startups. Despite this growth, however, there are concerns that its laws and regulations are lagging behind, especially those related to its competition policy. Indeed, recent developments in the EU, US and UK demonstrate that competition law’s ‘traditional’ toolbox alone may not be sufficient to address the novel issues raised by A.I. and Big Data; rather new tools and frameworks need to be developed to tackle the challenges posed by these emerging technologies.

In this webinar, Rifky will examine what makes digital markets distinct from conventional brick-and-mortar markets, and why that may necessitate a different approach to competition enforcement and regulation. He will also critically analyse some of the recent landmark antitrust cases in Indonesia’s digital economy to examine gaps in Indonesia’s current competition law. Additionally, drawing on insights from his current doctoral research at the University of Oxford, Rifky will explore some of the policy reforms and strategies that are needed to ensure that Indonesia’s competition policy can adequately safeguard businesses, SMEs, and consumers from unfair business practices in the digital economy.