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We Proceed to the Law Enforcement Area

JAKARTA, KOMPAS.com – The Business Competition Supervisory Commission (KPPU) observes the scarcity of cooking oil IDR 14,000 per liter in modern retail stores.

As is known, a number of people have complained about the difficulty of getting cooking oil at that price. In fact, the government has set a cooking oil policy of IDR 14,000 per liter since January 19, 2022.

“Since Wednesday (26/1/2022) yesterday, the Commission has decided to continue the results of our research into the realm of law enforcement,” KPPU’s Head of Public Relations and Cooperation Bureau Deswin Nur told Kompas.com, Friday (28/1/2022).

“Especially in identifying various behaviors that may violate (or alleged articles that may be violated), and various candidates reported in the matter,” he continued.

Also read: Cooking Oil Rp. 14,000 Rare, Retail Entrepreneurs Sentil Manufacturers and Distributors

If the KPPU’s investigation finds a violation of the hoarding of cooking oil, the producers and traders will be subject to sanctions as regulated by Law (UU) Number 5 of 1999, concerning the Prohibition of Monopolistic Practices and Unfair Business Competition.

In addition, KPPU also revealed that there is a threat of fines for parties who are proven to have monopolized practices or unfair business competition.

“In the Job Creation Law which amends Law No. 5 and PP No. 44 of 2021, the fine for violating business competition is a maximum of 50 percent of the profit or net profit obtained by business actors in the relevant market,” Deswin said.

“Or a maximum of 10 percent of total sales in the relevant market, during the period of violation of the law,” he continued.

Also read: Looking at the Causes Why Cheap Cooking Oil Is Still Hard to Get in Modern Retails

Previously reported, the scarcity of cooking oil occurred in a number of areas. In Makassar, for example, a housewife, Rukiah, admitted that she had difficulty getting cooking oil of Rp. 14,000 per liter.

“It’s very difficult to get cooking oil. Even if there is, the price of cooking oil is still expensive. For packaged cooking oil, it costs more than IDR 20,000. Meanwhile, the price of bulk cooking oil is IDR 18,000 per liter,” said Rukiah who was met, Friday ( 28/1/2022).

Rukiah revealed that the price of cooking oil was still high because shops sold it at a higher price. As a result, cooking oil traders do not want to sell their goods at a loss.

Rukiah hopes that the government will soon solve the problem scarcity of cooking oil Rp. 14,000 per liter and a very drastic price increase in the market.

Also read: No Subsidy for Bulk Cooking Oil, Sri Mulyani: It Doesn’t Mean to Side with Manufacturers…

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