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Duh? Like that is called monopoly?

Indonesia's KPPU Accuses Shopee, Google of Monopoly

TEMPO.CO, Jakarta -The Indonesian Business Competition Supervisory Commission suspected two tech giants, PT Shopee International Indonesia, and PT Google Indonesia, of engaging in monopoly practices. M. Fanshurullah Asa, the chairman of the KPPU, said that Google allegedly dominated payment services with Google Pay, while Shopee Indonesia was suspected of monopolizing goods delivery services with Shopee Xpress.“We will process it when there is evidence. This causes an extraordinary impact as there are significant numbers,” Fanshurullah, better known as Ifan, said at his office in Jakarta on Feb. 6.“But since 2021, Shopee has imposed a policy that users cannot choose [their preferred delivery service] provider, its delivery option, and its price,” Gopprera said.AMELIA RAHIMA SARIEditor's Choice:Tech Winter Looms; Shopee Dominates Indonesian E-commerce MarketClick here to get the latest news updates from Tempo on Google News

Indonesia's KPPU Accuses Shopee, Google of Monopoly

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Like that is called monopoly?","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/271841552765088","repostId":2409404538,"repostType":2,"repost":{"id":"2409404538","pubTimestamp":1707399781,"share":"https://www.laohu8.com/m/news/2409404538?lang=&edition=full","pubTime":"2024-02-08 21:43","market":"fut","language":"en","title":"Indonesia's KPPU Accuses Shopee, Google of Monopoly","url":"https://stock-news.laohu8.com/highlight/detail?id=2409404538","media":"Tempo","summary":"TEMPO.CO, Jakarta -The Indonesian Business Competition Supervisory Commission  suspected two tech giants, PT Shopee International Indonesia, and PT Google Indonesia, of engaging in monopoly practices. M. Fanshurullah Asa, the chairman of the KPPU, said that Google allegedly dominated payment services with Google Pay, while Shopee Indonesia was suspected of monopolizing goods delivery services with Shopee Xpress.“We will process it when there is evidence. This causes an extraordinary impact as there are significant numbers,” Fanshurullah, better known as Ifan, said at his office in Jakarta on Feb. 6.“But since 2021, Shopee has imposed a policy that users cannot choose [their preferred delivery service] provider, its delivery option, and its price,” Gopprera said.AMELIA RAHIMA SARIEditor's Choice:Tech Winter Looms; Shopee Dominates Indonesian E-commerce MarketClick here to get the latest news updates from Tempo on Google News","content":"<html><head></head><body><p>The Indonesian Business Competition Supervisory Commission (KPPU) suspected two tech giants, PT Shopee International Indonesia, and PT Google Indonesia, of engaging in monopoly practices.</p><p>Sea shares slipped 1% on the news.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c26964954282bf7ffd374864f2cd1022\" tg-width=\"866\" tg-height=\"839\"/></p><p>M. Fanshurullah Asa, the chairman of the KPPU, said that Google allegedly dominated payment services with Google Pay, while Shopee Indonesia was suspected of monopolizing goods delivery services with Shopee Xpress.</p><p>“We will process it when there is evidence. This causes an extraordinary impact as there are significant numbers,” Fanshurullah, better known as Ifan, said at his office in Jakarta on Feb. 6.</p><p>Gopprera Panggabean, a KPPU member, added that the cases had entered the filing stage. The status would then be upgraded to an investigation.</p><p>Once the investigation is complete, the next stage will be to submit the report to the commission meeting, followed by a trial stage. “The team will report immediately,” he said on the same occasion.</p><p>Gopprera also said that based on the results of the investigation, Shopee was suspected of committing violations regarding the delivery service providers. Previously, users could choose another delivery service provider from the e-commerce platform.</p><p>“But since 2021, Shopee has imposed a policy that users cannot choose [their preferred delivery service] provider, its delivery option, and its price,” Gopprera said.</p></body></html>","source":"tempo_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Indonesia's KPPU Accuses Shopee, Google of Monopoly</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIndonesia's KPPU Accuses Shopee, Google of Monopoly\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-08 21:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://en.tempo.co/read/1830509/indonesias-kppu-accuses-shopee-google-of-monopoly><strong>Tempo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Indonesian Business Competition Supervisory Commission (KPPU) suspected two tech giants, PT Shopee International Indonesia, and PT Google Indonesia, of engaging in monopoly practices.Sea shares ...</p>\n\n<a href=\"https://en.tempo.co/read/1830509/indonesias-kppu-accuses-shopee-google-of-monopoly\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","BK4587":"ChatGPT概念","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","LU0109391861.USD":"富兰克林美国机遇基金A Acc","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","BK4588":"碎股","LU0719512351.SGD":"JPMorgan Funds - 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Fanshurullah Asa, the chairman of the KPPU, said that Google allegedly dominated payment services with Google Pay, while Shopee Indonesia was suspected of monopolizing goods delivery services with Shopee Xpress.“We will process it when there is evidence. This causes an extraordinary impact as there are significant numbers,” Fanshurullah, better known as Ifan, said at his office in Jakarta on Feb. 6.Gopprera Panggabean, a KPPU member, added that the cases had entered the filing stage. The status would then be upgraded to an investigation.Once the investigation is complete, the next stage will be to submit the report to the commission meeting, followed by a trial stage. “The team will report immediately,” he said on the same occasion.Gopprera also said that based on the results of the investigation, Shopee was suspected of committing violations regarding the delivery service providers. 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