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Indonesia's mineral export bans help boost domestic competition, antitrust chief says

By Jet Damazo-Santos ( February 16, 2023, 09:07 GMT | Insight) -- Indonesia's controversial "downstreaming" policy, which involves banning the export of certain raw minerals, has an important role to play in improving the level of business competition within the country, according to Indonesian Competition Commission chair Afif Hasbullah. This is because the first way to improve competition is to increase companies' incentives to reduce costs, and an important factor in reducing costs is low production input prices, he said.Indonesia's controversial "downstreaming" policy, which involves banning the export of certain raw minerals, has an important role to play in improving the level of business competition within the country, according to Indonesia's antitrust chair. ...

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