The long history of competition law or also well known as anti-trust law suggests a need of research and investigation either in economic or legal context as part of competition analysis. Developing such studies require specific skill and knowledge in order to understand and analyze important aspects in competition such as those related to concept and definition of relevant market, oligopoly, oligopsony, monopoly, monopsony, price fixing, division of territory, boycott, cartel, vertical integration, exclusive agreements, conspiracy, dominant position and many other prohibited agreements or conducts under the law.
In Indonesia, the Law No. 5 of 1999 concerning Prohibition of Monopolistic Practices and Unfair Business Competition mandates the establishment of the Business Competition Supervisory Commission (KPPU). This Commission authorizes to conduct investigations and/or examinations on presumed case of monopolistic practices and/or unfair business competition reported by the public or by business actors or discovered by the Commission as a result of investigation. The establishment significantly affects business practices and conducts in Indonesia. Learning from advance economies, many business entities have suffered aconsiderable losses in term of financial or business position because of action taken by competition authority.
Therefore, we established I WANT CO., Business & Antimonopoly Counselor to assist business people in Indonesia to avoid any possible problems or losses arising out from the enforcement of competition law. Thus, we hope that this firm can be a solution to the need of qualified and competent legal and economic counselor on competition law as well as consumer protection law.