Proceedings of the First Multidiscipline International Conference, MIC 2021, October 30 2021, Jakarta, Indonesia

Research Article

The Birth of American Antitrust and the Development of Business Competition in Indonesia in the Era of the Covid-19 Pandemic

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  • @INPROCEEDINGS{10.4108/eai.30-10-2021.2315674,
        author={Slamet Riyadi},
        title={The Birth of American Antitrust and the Development of Business Competition in Indonesia in the Era of the Covid-19 Pandemic},
        proceedings={Proceedings of the First Multidiscipline International Conference, MIC 2021, October 30 2021, Jakarta, Indonesia},
        publisher={EAI},
        proceedings_a={MIC},
        year={2022},
        month={1},
        keywords={antitrust; the birth of american antitrust; indonesian business competition; and the covid-19 pandemic},
        doi={10.4108/eai.30-10-2021.2315674}
    }
    
  • Slamet Riyadi
    Year: 2022
    The Birth of American Antitrust and the Development of Business Competition in Indonesia in the Era of the Covid-19 Pandemic
    MIC
    EAI
    DOI: 10.4108/eai.30-10-2021.2315674
Slamet Riyadi1,*
  • 1: Departement Of Cultural Science Indonesia University, Jakarta Indonesia
*Contact email: slametriyadi24@gmail.com

Abstract

The birth of Antitrust policy in America, through the protest of labor groups who voiced that the antitrust policy was passed into law in America. At the same time, America adheres to the principle of free competition. In Indonesia, antitrust policy emerged during the era of the monetary crisis, the birth of antitrust policy thanks to the encouragement of the world bank which required the state to present antitrust in order to obtain loans. The pandemic period is a bad time for the government to run its economy, every country must be able to maintain the economic viability of their country in order to keep it running during the pandemic, an economic boost is certainly very much needed in this condition, especially the impacts arising from the pandemic that hit Indonesia. Therefore, the behavior of business actors must uphold healthy competition so that it continues to run well and the economy remains stable.