Justisi : Jurnal Ilmu Hukum
Vol 8 No 2 (2023): Justisi: Jurnal Ilmu Hukum

LEGAL CONSEQUENCES OF DELAY REPORTING OF SHARE ACQUISITION BETWEEN PT. AGRO PRATAMA AND PT. DHARMA SATYA NUSANTARA BASED ON LAW NUMBER 5 OF 1999 CONCERNING PROHIBITION OF MONOPOLY PRACTICES AND UNFAIR BUSINESS COMPETITION (KPPU Case Study Number 29/KPPU-M

Annisa Putri azra (Fakultas Hukum, Universitas Buana Perjuangan Karawang)
Anwar Hidayat (Fakultas Hukum, Universitas Buana Perjuangan Karawang)
Yuniar Rahmatiar (Fakultas Hukum, Universitas Buana Perjuangan Karawang)



Article Info

Publish Date
05 Sep 2023

Abstract

The acquisition of a company is a legal act carried out by a legal entity or an individual to take over the shares of a company by purchasing a portion or the entire wealth of the company. The problem identified in this research is why reporting of company share acquisitions to the Commission for the Supervision of Business Competition (KPPU) is only related to acquisitions that have material value and what are the legal consequences of the delay in acquiring company shares in Case Number 29/KPPU-M/2019. The purpose of this research is to understand the reasons why reporting of company share acquisitions to the KPPU is only related to acquisitions that have material value and to determine the legal consequences of the delay in acquiring company shares in Case Number 29/KPPU-M/2019. This research uses a normative juridical approach. The data collection technique used in this research is literature study using primary legal materials and secondary legal materials as data sources. In conclusion, the rules regarding non-material reporting are not explicitly stated in KPPU Regulation Number 1 of 2009 concerning Pre-Notification, Mergers, Consolidations, Acquisitions, and Takeovers. As for the alleged delay in reporting in the acquisition of the company, PT. Dharma Satya Nusantara is required to pay an administrative fine as a consequence of the delayed reporting, as stipulated in Article 29(1) of Law Number 5 of 1999 concerning the Prohibition of Monopolistic Practices and Unfair Business Competition.

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Journal Info

Abbrev

JustisiJurnalIlmuHukum

Publisher

Subject

Law, Crime, Criminology & Criminal Justice

Description

JUSTISI Jurnal Ilmu Hukum adalah jurnal akademik yang diterbitkan oleh Program Studi Hukum Fakultas Hukum Universitas Buana Perjuangan Karawang. JUSTISI Jurnal Ilmu Hukum pertama kali diterbitkan pada bulan september 2016, yang telah memuat artikel-artikel pendidikan khususnya ilmu hukum dan akan ...