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Indonesian antitrust regulator fines 97 online lenders for interest-rate cartel

( March 26, 2026, 13:56 GMT | Official Statement) -- MLex Summary: The Indonesian Competition Commission on Thursday imposed combined fines of 755 billion rupiah ($44.6 million) on 97 online lenders for their involvement in interest-rate fixing, marking the largest penalty ever issued by the antitrust regulator in a single case. The regulator said the ruling marks the end of one of the largest competition cases it has ever handled, both in terms of the number of defendants and its impact on society.Statement follows (in Indonesian)....

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