Indonesia regulator argues interest-rate ceilings can facilitate price fixing
By Roffie Kuniawan ( June 26, 2026, 06:38 GMT | Insight) -- Indonesia’s competition regulator has elaborated the legal and economic basis for its record online lending cartel ruling, arguing that an industry-imposed interest-rate ceiling facilitated coordination among competitors despite lenders’ claims they were acting under regulatory guidance. The Indonesian Competition Commission told a Jakarta court that that a price ceiling may serve as a focal point for implicit price coordination, even without an explicit agreement to charge identical rates.Indonesia's competition regulator argued on Thursday that an industry-imposed interest-rate ceiling can facilitate price fixing, setting out a detailed legal and economic defense of its record online lending cartel ruling....
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