Proceeding International Conference Restructuring and Transforming Law
2024: Proceeding International Conference Restructuring and Transforming Law (Special Issue)

Comparative Law of Business Competition between Indonesia and Singapore

Rully Syahrul Mucharom (Universitas Islam Bandung)



Article Info

Publish Date
29 Feb 2024

Abstract

The significant phenomenon of economic globalization is related to the increasingly binding interdependence of relations between nations, especially pe. Of course, this must have legal regulations that regulate so that violations do not occur in the trade sector which could potentially give rise to violations in the business competition sector. This policy includes law enforcement, deregulation policies, foreign direct investment, and other policies related to business competition. Competition law is an important legal tool in encouraging healthy competition and protecting consumers. The theory used in analyzing this paper is comparative law and legal certainty. The conclusion obtained from his research is that Indonesia has Business Competition Law Number 5 of 1999 as the basis for regulating business competition. Singapore has a stronger legal framework in promoting fair competition and protecting consumers, namely the Competition Commission of Singapore (CCS). The countryhas an independent competition authority. For this reason, the author compares it with regulations prohibiting acts of unfair business competition.

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Journal Info

Abbrev

icrtlaw

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Subject

Description

International Conference Restructuring and Transforming Law is a international conference to identify the transforming and restructuring law strategy for finally find solution based. In conclusion, the public had basic tendencies and patterns towards law have been revealed. A pandemic that is ...