HARMONIZATION OF CROSS-BORDER CARTEL IN THE ASEAN ECONOMIC COMMUNITY

Authors

  • Irena Sasty Audila
  • Ria Setyawati

Abstract

The Association of Southeast Asian Nations (ASEAN) is an intergovernmental organization
that has agreed to form the ASEAN Economic Community (AEC). The AEC will transform
ASEAN into a single market and production base. Focus on the free trade sector for goods,
services, investment, skilled labor, and capital flows. Cartel practices can grow and develop in
this situation, where a group of business actors from two or more countries can control the
price and quantity of goods or services. The purpose of this study is to find out and understand
ASEAN cross-border cartel control, as well as provide an overview of how ASEAN member
countries harmonize the competition law products relating to cross-border cartels. The type of
research method is normative, which is the legal research to find the truth of coherence whether
the problem discussed is under the norms, principles, and the rule of law. Applied analysis is
carried out to find solutions to the problems posed and related to comparative analysis to make
comparisons. The research results show that ASEAN does not currently have binding laws
regarding cross-border cartels. Each ASEAN member country has its business competition law.
When cross-border cartel practices in ASEAN occur, effective harmonization of cross-border
cartel regulation is needed to oversee anti-competitive activities in the ASEAN region

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Published

2020-08-01

How to Cite

Irena Sasty Audila, & Ria Setyawati. (2020). HARMONIZATION OF CROSS-BORDER CARTEL IN THE ASEAN ECONOMIC COMMUNITY. PalArch’s Journal of Archaeology of Egypt / Egyptology, 17(3), 1981-1988. Retrieved from http://mail.palarch.nl/index.php/jae/article/view/947

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