Comparison of Merger Regulations in the Perspective of Competition Law in Indonesia and Malaysia

Abstract

The business activities conducted by a business entity demand innovation to have market value, added value, and differentiation from its competitors. One form of innovation is through mergers, which is related to cross-border business activities, involving regulations in the country where the business entity operates. This research aims to compare merger regulations from the perspective of competition law in Indonesia and Malaysia. An example of a business entity involved in a merger is Grab and Uber. To address this issue, the research employs a normative juridical research method. The findings conclude that merger regulations in Indonesia are stipulated in the Company Law, alongside the Competition Law and Government Regulation No. 57 of 2010 regarding mergers, acquisitions, and consolidations. In contrast, Malaysia does not yet have specific regulations concerning mergers in competition law, making the merger between Grab and Uber a non-issue in Malaysia.