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Indonesia says e-commerce firm Shopee admits to violating monopoly rule
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Indonesia says e-commerce firm Shopee admits to violating monopoly rule
Jun 25, 2024 7:46 PM

JAKARTA, June 26 (Reuters) - Indonesia's antitrust

agency on Wednesday said in a statement that e-commerce firm

Shopee had admitted to having violated a monopoly rule for its

courier service in Indonesia.

The agency also said Shopee has agreed to make adjustments

to its operating practices.

Shopee did not immediately respond to a request for comment

regarding the agency's statement.

The agency, known as KPPU, had accused Shopee's local unit

of violating anti-competition rules by directing customers to

use certain delivery services, one of which has a Shopee

Indonesia executive on its board of directors.

Shopee, the market leader in Indonesia's fast-growing

e-commerce sector, is owned by Southeast Asian technology firm

Sea Ltd. ( SE )

Aside from Shopee, KPPU was also investigating the local

unit of another e-commerce platform Lazada, the Southeast Asian

arm of Alibaba ( BABA ).

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