WhatsApp Logo Subscribe
For News Alert

News

Indonesia's antitrust agency says Shopee arm admits breaches

By AFP

June 26, 2024 07:03 PM


Twitter Share Facebook Share WhatsApp Share

The Indonesian arm of e-commerce firm Shopee has admitted violating anti-monopoly rules and agreed to change some of its operations, Indonesia's antitrust agency, or KPPU, said on Wednesday.

The KPPU said in May it was monitoring the Indonesian units of e-commerce giants Shopee and Lazada over allegations of anti-competitive behaviour.

PT Shopee International Indonesia and logistics company PT Nusantara Ekspres Kilat had admitted to violating Indonesia's anti-monopoly and anti-competitive provisions, the KPPU said in a statement.

"The admission will be included in the behaviour change integrity pact which will be signed by both reported parties at the next hearing," it said.

The next hearing is set for July 2.

Shopee, owned by Southeast Asian technology firm Sea Limited, and Lazada, a subsidiary of China's Alibaba Group, are key e-commerce players in the region.

Shopee Indonesia's head of public affairs Radynal Nataprawira said the firm had proposed changing its user interface to suit local regulations during a hearing with the KPPU last week.

"Shopee is always committed to complying with all applicable regulations and laws in the Republic of Indonesia in conducting our business operations," Radynal said in a statement.

The KPPU accused Shopee's Indonesia operation in late May of anti-competitive behaviour by favouring certain delivery services, including PT Nusantara Ekspres Kilat.

The KPPU is also investigating Lazada's PT Ecart Webportal Indonesia.


AFP


Most Read

  1. Viral girl Azba shares new video message, asks apology from Khlil-Ur-Rehman and Sahil Adeem Viral girl Azba shares new video message, asks apology from Khlil-Ur-Rehman and Sahil Adeem
  2. LESCO bans green meters being used in solar system LESCO bans green meters being used in solar system
  3. ‘Hard-working’ Punjab babus to relish jacuzzi, sauna, yoga, café room at public’s expense ‘Hard-working’ Punjab babus to relish jacuzzi, sauna, yoga, café room at public’s expense
  4. Khalil Ur Rehman Qamar gets into heated argument with female audience member Khalil Ur Rehman Qamar gets into heated argument with female audience member
  5. TV anchor Noorul Arfeen Siddiqui brutally tortured in Karachi attack TV anchor Noorul Arfeen Siddiqui brutally tortured in Karachi attack
  6. Sui Southern Gas deputy director shot dead in Quetta Sui Southern Gas deputy director shot dead in Quetta