Antitrust laws are controlling the openness of market and output expansion through competition. The law is a form of control that prevent monopoly, punishing cartels, and protecting competition. Monopoly can be established in many contract types, like assigned marketing territories, acqusition of market power, or supplies arrangements from the only producer; while cartels are price fixing, selective price cutting through conspiracy that make inefficient market.
Remarks:
I think all countries experience unfair competition in some products. Those products have high profit whilst low quality. Therefore, the existence of antitrust law and authority is essentially needed in each country. Indonesia's antitrust law is still in it's early-stage though many expectations lay upon the institution.
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5 comments:
Telat atuh neng, harusnya dulu jgn ikutan pasar bebas, mending ikutan pasar beras. Skrang mah ga usah bkIn UU anti tras, bkn uu anti miskin, atau anti ego, ego apa tadi teh, skrg mah Trust maju pantang mundur, kecuali ada jurang.,,.he...he...
I have to agree with previous comment that this time we've lost momentum in aspect of antitrust law.
Premature liberalization has been our problem since the IMF force their policy of de-regulation in the monetary crisis period.
And now, what we can do is to strengthen the medium, small, and micro enterprises, therefore they can compete with low-price-low-quality-goods from china. Moreover, within a decade, there has been a huge de-industrialization happened.
This country has emerge to be a great example of a new colonialization model; an economic colonialization.
*just my two cent
brgrds,
-iaa-
its been too long, eh? ^^
it's long long time ago right??
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