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TikTok-Tokopedia deal approved with behavioral remedies in Indonesia

By Roffie Kuniawan ( June 18, 2025, 00:50 GMT | Insight) -- TikTok's acquisition of Tokopedia was approved with behavioral remedies by the Indonesian Competition Commission late Tuesday. In imposing the remedies, the regulator said the acquisition of PT Tokopedia shares by TikTok Nusantara has the potential to cause monopolistic practices or unfair business competition, with both TikTok and Tokopedia accepting the verdict and deciding not to challenge it. TikTok's acquisition of Tokopedia was approved with behavioral remedies by the Indonesian Competition Commission, or KPPU, late Tuesday....

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