Praktik Merger dan Akuisisi Di Masa Pandemi dari Kacamata Hukum Persaingan Usaha

Abstract

Corporate Mergers dan Acquisitions are nothing new in the world of business. Basically, business actors will try to maximize profits in carrying out their business activities. Both mergers and acquisitions are methods or strategies used by business actors to increase capabilities or maximize these profits and company competitiveness. In addition, these two practices can also provide solutions for company experiencing liquidity difficulties to avoid bankruptcy. Prior to the pandemic, merging two companies or joining two or more independent business actors into one was a common practice in the world of business competition. The implementation of these merger dan acquisition practices are still supervised by the Business Competition Supervisory Commission or KPPU in Indonesia with the aim of avoiding monopolistic practices and unfair business competition. During the current Covid 19 pandemic, the practice of mergers and acquisitions has not decreased but has actually increased. Some business actors are even known to be late in notifying merger and acquisition practices. As a result, business actors are subject to sanctions by the KPPU for the delay in notification. This research will examine mergers and acquisitions that occurred during the Covid 19 pandemic as well as steps that can be taken by the KPPU to prevent monopolistic practices caused by fraud in several merger and acquisition practices. This research uses the normative juridical method which aims to provide understanding and explanation so that it can be used as an evaluation of the current implementation of mergers and acquisitions. The data taken is secondary data with primary material from related laws and regulations, in addition to that secondary material is taken from journals, articles, books and other literacy sources. The results of this research can be used as a reference or reference for further research related to merger and acquisition practices that benefit business actors but do not cause unfair business competition.