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Indonesia's regulator struggles to stage record cartel trial of 97 online lenders

By Roffie Kuniawan ( August 29, 2025, 07:36 GMT | Insight) -- Indonesia’s antitrust watchdog is scrambling to manage its biggest-ever cartel case, with 97 online lenders accused of fixing interest rates. Hearings have overwhelmed its Jakarta offices, spilling into lobbies and tents, and all nine commissioners have been assigned to the panel as the regulator searches for larger venues to meet strict legal deadlines.Faced with its largest-ever cartel case — with 97 online lenders named as respondents — Indonesia’s competition regulator has been forced to improvise, tweaking its procedures and seeking creative solutions to manage the complex logistical challenge before it....

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