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Comparison of Business Law in Developing and Developed Countries: A Case Study of Indonesia and Singapore Siregar, Boni; Giawa, Fransisko; Ginting, Meilani Amanda br.; Situmorang, Olyhabana
Golden Ratio of Data in Summary Vol. 5 No. 2 (2025): February - April
Publisher : Manunggal Halim Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52970/grdis.v5i2.829

Abstract

This study aims to compare the characteristics of business law between countries, namely Indonesia and Singapore. Indonesia and Singapore have different legal systems; Indonesia uses civil law while Singapore uses common law, which affects regulations in business activities between the two countries. This study focuses on three main aspects: corporate regulation, intellectual property rights, and investor protection. This study found that Singapore is superior in terms of legal certainty and efficiency, while Indonesia still faces challenges in implementing regulations that often change. The results of this study are expected to provide further understanding of the implications of different legal systems and become input for policymakers in Indonesia in improving the investment climate.
Legal Responsibilities of Business Actors in Monopolistic Practices and Unfair Business Competition According to Law Number 5 of 1999 Prohibition of Monopolistic Practices and Unfair Business Competition Giawa, Fransisko; Nababan, Roida; Siregar, Ria Juliana
Journal of Legal and Cultural Analytics Vol. 4 No. 3 (2025): August 2025
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/jlca.v4i3.15132

Abstract

Business competition is an economic instrument in the development of the Indonesian economic system, as evidenced by the enactment of Law Number 5 of 1999 concerning the Prohibition of Monopolies and Unfair Business Competition. The issues discussed in this study are: what forms of agreements are prohibited in business competition activities according to Law Number 5 of 1999 concerning the Prohibition of Monopolistic Practices and Unfair Business Competition, and what are the responsibilities of business actors involved in cases of monopolistic practices and unfair business competition according to Law Number 5 of 1999 concerning the Prohibition of Unfair Business Competition. The data collection method in this study was conducted through library research and document review. This involved collecting legal materials through journals, legal research results, and various official institutional documents such as laws and regulations, court circulars, and other literature relevant to the research problem.