INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Vol. 2 No. 10 (2026): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)

THE DYNAMICS OF INDUSTRIAL AND TRADE LAW IN THE DIGITAL ECONOMY ERA: COMPETITION REGULATION, CONSUMER PROTECTION, AND THE TRANSFORMATION OF THE NATIONAL INDUSTRY

Gunawan Widjaja (Fakultas Hukum Universitas 17 Agustus 1945 Jakarta)



Article Info

Publish Date
14 Apr 2026

Abstract

The digital economy has transformed the legal landscape of industry and trade in Indonesia, necessitating the adaptation of competition law, consumer protection regulations, and the transformation of national industries. This study analyses two key aspects: firstly, the effectiveness of Law No. 5 of 1999 on Competition and Law No. 8 of 1999 on Consumer Protection in addressing the dominance of digital platforms, predatory pricing, and the risk of data breaches; second, the role of Making Indonesia 4.0, the Job Creation Law, and the Government’s Digital Master Plan 2025–2045 as catalysts for the transformation of manufacturing towards Industry 4.0. Using a legal-normative literature review approach, it was found that the KPPU is actively addressing digital monopolies (the Google Play Billing System case), but regulatory revisions are required regarding algorithmic discrimination and the gig economy. Industrial transformation faces the digital divide and the need for harmonisation with the ASEAN Digital Economy Framework. The conclusion emphasises the need for holistic economic legislation that balances innovation, healthy competition, and inclusivity towards Indonesia Emas 2045.

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Journal Info

Abbrev

IJEFE

Publisher

Subject

Economics, Econometrics & Finance

Description

INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE) is a scientific journal that publishes articles in the field of Business and finance that contain conceptual ideas in the fields of Economics, Accounting, Management, Business and finance. The scope is Human Resource Management, Marketing ...