Sahira Sajjadia Luthfia
Universitas Gadjah Mada

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PENGATURAN BLUE BOND SEBAGAI INSTRUMEN PEMBIAYAAN BERKELANJUTAN DI INDONESIA Sahira Sajjadia Luthfia
Justitia et Pax Vol. 42 No. 1 (2026): Justitia et Pax Volume 42 Nomor 1 Tahun 2026
Publisher : Penerbit Universitas Atma Jaya Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24002/jep.v42i1.12124

Abstract

This research explores the legal aspects of blue bond regulation as a complementary tool for private-sector financing through public-private partnerships. With increasing investor and public interest in sustainability, Indonesia's regulatory framework must be precise and adhere to both national and international sustainability standards. The study examines the relationship between legislation governing Blue Bonds and their effectiveness in promoting sustainable development within the Indonesian capital market. Using a juridical-normative approach, this research analyzes legal doctrines and regulations. Research findings indicate that blue bonds hold significant potential as a sustainable financing instrument through structured mechanisms for fund utilization, project selection, management, and reporting. However, this potential has not yet been fully realized due to the lack of specific regulations that comprehensively accommodate the characteristics of marine projects.
DOMINANT POSITION DOCTRINE IN INDONESIA: A COMPARISON TO THE GERMAN COMPETITION LAW Sahira Sajjadia Luthfia
Indonesian Law Journal Vol. 18 No. 2 (2025): Indonesian Law Journal Volume 18 No 2, 2025
Publisher : Badan Pembinaan Hukum Nasional Kementerian Hukum Republik Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33331/1qf07t41

Abstract

This paper conducts a comparative legal study on the doctrine of dominant position in competition law, focusing on the frameworks of Indonesia and Germany. Although both countries prohibit the abuse of a dominant position, there are notable differences in the legal substance and practical application of their laws. This study addresses the gap in Indonesia's existing legal framework, which often struggles to effectively define and regulate dominant market power, especially in the digital economy era. Using a normative-comparative legal method, this paper analyzes legal norms and case law from both jurisdictions, examining the similarities and differences between them. By analyzing laws, doctrines, and cases from both countries, the paper finds that Indonesia’s reliance on general provisions under Law No. 5/1999 complicates enforcement, whereas Germany’s detailed rules facilitate addressing competition issues. The study suggests Indonesia can learn from Germany to better define dominance and regulate abuse, improving its competition law and market fairness.
FULL E-BOOK INDONESIAN LAW JOURNAL VOLUME 18 N0. 2, 2025 Sahira Sajjadia Luthfia; Aji Baskoro; Rama Gardika; Cahyoko Edi Tando; Pascalis Dani Kristi Wibowo
Indonesian Law Journal Vol. 18 No. 2 (2025): Indonesian Law Journal Volume 18 No 2, 2025
Publisher : Badan Pembinaan Hukum Nasional Kementerian Hukum Republik Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33331/ilj.v18i2.201

Abstract

The 2025's second edition of Indonesian Law Journal Volume 18 has been published. The discussion topic of this edition is Competition Law and Economic. This edition presents 5 (five) articles from authors with various backgrounds. Please enjoy reading as we hope these article in our Journal are beneficial and constructive towards the development of national law