Shopee Admits to Violating Indonesia's Competition Law, Agrees to Overhaul Practices
The e-commerce giant will adjust its operations after Indonesia's antitrust agency found it favored its own courier service.
- Shopee acknowledged breaching Indonesia's Law no. 5 of 1999 regarding competition.
- The company will make changes to its user interface to comply with regulatory standards.
- Indonesia's Competition Commission highlighted Shopee's preferential treatment of Shopee Express.
- An investigation into Shopee rival Lazada is ongoing for similar violations.
- Shopee reaffirms its commitment to adhering to Indonesian laws and regulations.