Jakarta (ANTARA) - The Business Competition Supervisory Commission (KPPU) will strengthen the supervision of partnerships involving micro, small, and medium enterprises (MSMEs) as part of efforts to prepare for the threat of a global recession in 2023.

Strengthening the supervision of MSME partnerships will be one of the commission's focuses in 2023 due to the good resilience of MSMEs against recession and economic turmoil, KPPU head M. Afif Hasbullah said at a media gathering here on Thursday.

"MSMEs (contribute) 61 percent to the GDP (gross domestic product) and absorb 97 percent of the workforce. Thus, the KPPU needs to back up the partnership supervision; do not let our MSMEs be controlled by big business actors amid times of uncertainty," he added.

Apart from strengthening the supervision of MSME partnerships, in 2023, the KPPU will also seek to boost the compliance of business players with healthy business competition principles.

"The posture of the KPPU's activities in the future is not only about law enforcement. Law enforcement is the final action. We want business competition principles to become (part of) the culture of business players," he said.

Hasbullah further said that the commission is aiming to develop the digital system, especially to support the supervision of competition and partnerships.

"We want to build big data, service applications in each activity, whether reporting on competition or related to partnerships. Notifications also need to be supported by complete data so that when there is a request for notification of mergers and acquisitions, it can be responded to quickly," he explained.

Then, the simplification of procedural law and regulations relating to the public is needed as it is expected to improve services and time efficiency.

"We want hearings at the KPPU to be fast, inexpensive, low-cost. If inspection or notification of a merger/acquisition can be done quickly, why should it take so long?" he said.

"We also want to provide services to the community and entrepreneurs," he added.

Related news: KPPU probe into suspected Batam-Singapore ferry cartel still on
Related news: KPPU unearths evidence linked to alleged cooking oil cartel
Related news: VP calls for partnership between small and big business players








Translator: Ade Irma, Raka Adji
Editor: Azis Kurmala
Copyright © ANTARA 2022