Tiktok Banks Allegations Of Trade Monopoly After Tokopedia Acquisition

JAKARTA - Tik Tok Nusantara (SG) Pte. Ltd or TikTok denied allegations of monopoly practices filed by the Business Competition Supervisory Commission (KPPU) investigators in the follow-up trial of case Number 01 / KPPU-M / 2025 related to a thorough assessment of the transaction to take over PT Tokopedia's shares to TikTok in Jakarta, Tuesday, June 10.

TikTok attorney Farid Fauzi Nasution said TikTok has always been committed to the principles of healthy competition and compliant with Law Number 5 of 1999 concerning bans on monopoly practices and unhealthy business competition.

In addition, his party also agrees and ensures that they continue to open options for payment and logistics methods that are not tied by hanging and bundling in various forms such as discount promotions and the like.

"We understand and approve the KPPU assessment, both Tokopedia and Shop by Tokopedia have collaborated with various logistics service providers and payments, most of which also collaborate with other e-commerce platforms in Indonesia," said Farid.

Farid said TikTok was committed to implementing this practice. His party also proposes additional formulations related to clarifying the prohibition of bullying and bullying practices in the form of discounts, promotions, and the like.

In general, lying is defined as an effort by the seller to require consumers to buy the second product when buying the first product, while bundling is an effort to sell various products in one package together.

Furthermore, TikTok admits it does not prohibit users from promoting products from other platforms while complying with applicable platform and legislation community guidelines.

"We fully support this conditional approval and confirm that social media platform TikTok upholds users' freedom to share content, including promoting products on other e-commerce platforms outside Tokopedia and Shop by Tokopedia," said Farid.

The follow-up hearing regarding the case is scheduled to continue on Tuesday, June 17, 2025 at the KPPU office, Jakarta.

Previously, the Investigator of the Business Competition Supervisory Commission (KPPU) had completed the thorough assessment process of the PT Tokopedia share takeover transaction by Tik Tok Nusantara (SG) Pte. Ltd.

As a result, the Investigator stated that the transaction has the potential to cause monopolistic and/or unfair business competition.

Investigators also proposed various conditional approvals to be applied to the two entities.

This was read out by KPPU Investigators at the inaugural Examination Commission Assembly Session on Case Number 01/KPPU-M/2025 regarding the Complete Assessment of Share Takeover Transactions of PT Tokopedia by Tik Tok Nusantara (SG) Pte. Ltd., in Jakarta, Tuesday 27 May.