Proceedings of the 3rd International Conference on Business Law and Local Wisdom in Tourism (ICBLT 2022)

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Tokopedia Acquisition Process by Gojek Reviewed from Business Competition Law

Authors
Yoyo Arifardhani1, *, Ayu Komala Dewi1, *
1Faculty of Law Pancasila University, South Jakarta, Indonesia
*Corresponding author.
*Corresponding author. Email: ayudewi.consultant@gmail.com
Corresponding Authors
Yoyo Arifardhani, Ayu Komala Dewi
Available Online 25 January 2023.
DOI
10.2991/978-2-494069-93-0_110How to use a DOI?
Keywords
KPPU; merger; Competition Law
Abstract

Presently, corporations in Indonesia carry out corporate action to be able to progress more and have a prominent economy of scale hence making it difficult for other companies to compete. Gojek and Tokopedia are the two leading online industry companies in Indonesia. Because of the COVID-19 pandemic, these two companies have vastly developed due to limitations that existed during PPKM. Gross transactions of GOTO, product of Gojek and Tokopedia merger, recorded to reach 325 trillion rupiah in the third quartile of 2021, one of the biggest e-commerce transactions in Indonesia. Indonesia’s E-commerce transactions are growing rapidly and are predicted to reach 137.5 billion dollars by 2025. The continuous growth of e-commerce transactions could potentially intensify business rivalry in Indonesia to compete for a portion. GOTO has dominance over all e-commerce transactions in Indonesia. In relation to business competition law, it is acknowledged that there is an article regarding dominant position within UU No. 5 1999 article 25. This research will investigate the effect of the Gojek and Tokopedia merger, specifically its effect on the public, using business competition law perspective. This research is done owing to the fact that there has been cooking oil scarcity on account of an ongoing cartel by the cooking oil industry. This research will examine the impact of business competition law on corporate business activities. Normative legal methods are used to be able to answer these problems.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 3rd International Conference on Business Law and Local Wisdom in Tourism (ICBLT 2022)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
25 January 2023
ISBN
10.2991/978-2-494069-93-0_110
ISSN
2352-5398
DOI
10.2991/978-2-494069-93-0_110How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Yoyo Arifardhani
AU  - Ayu Komala Dewi
PY  - 2023
DA  - 2023/01/25
TI  - Tokopedia Acquisition Process by Gojek Reviewed from Business Competition Law
BT  - Proceedings of the 3rd International Conference on Business Law and Local Wisdom in Tourism (ICBLT 2022)
PB  - Atlantis Press
SP  - 937
EP  - 949
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-494069-93-0_110
DO  - 10.2991/978-2-494069-93-0_110
ID  - Arifardhani2023
ER  -