Gojek was fined by KPPU Rp. 3.3 billion, this is the reason

JAKARTA, KOMPAS.com – The Business Competition Supervisory Commission (KPPU) has imposed a fine of Rp. 3.3 billion on PT Aplikasi Karya Anak Bangsa, aka Gojek.

This sanction was given because Gojek was late in notifying the acquisition of PT Global Loket Sejahtera (Loket).

Head of the KPPU Public Relations and Cooperation Bureau Deswin Nur said the sanction was decided through a commission panel hearing with register number 30 / KPPU-M / 2020.

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“Gojek has violated the provisions of Article 29 of Law No. 5 of 1999 concerning Prohibition of Monopolistic Practices and Unfair Business Competition (Law No. 5/1999) and Article 5 of Government Regulation No. 57/2010 concerning Merger or Consolidation of Business Entities and Acquisition. Company Shares That Can Result in Monopolistic Practices and Unfair Business Competition, “Deswin said in a press release, quoted as saying Kompas.com, Thursday (25/3/2021).

Deswin explained that this case originated from an investigation into the alleged delay in notification of Gojek in the acquisition he carried out on August 4, 2017 of most of the shares of PT Global Loket Sejahtera.

The Commission Council considered the transaction to be juridically effective on 9 August 2017 in accordance with the existing regulations.

Therefore, Gojek is required to notify the KPPU of the takeover of shares no later than 30 days from 9 August 2017, namely 22 September 2017.

Also read: Welcoming Ramadhan, Gojek Increases the Number of GoMart Merchants and Collaborates with Bulog

“But Gojek just announced the takeover of shares to the KPPU on February 22, 2019, so the Commission Council is of the opinion that Gojek has been late in notifying the takeover of shares for 347 days,” explained Deswin.

In this case, Gojek is obliged to pay a fine that must be deposited to the State Treasury no later than 30 days after the KPPU’s decision has permanent legal force.

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