COMPETITION LAW IN INDONESIA: SOCIO-LEGAL APPROACH

Abstract

This paper aims to analyze the relationship between competition law, the principle of economic efficiency, and social justice within the framework of the Indonesian legal system. The study employs a normative legal research method by examining relevant primary, secondary, and tertiary legal sources, including Law No. 5 of 1999, decisions of the Indonesian Competition Commission (KPPU), and various relevant academic articles. The study finds that although economic efficiency serves as a fundamental principle in the enforcement of competition law in many countries, its implementation in Indonesia must take into account the dimension of social justice as mandated by the Constitution. Indonesia’s competition law should strive to strike a balance between the freedom to conduct business and social responsibility in order to ensure a fair, competitive, and equitable market environment.