The Business Competition Supervisory Commission (KPPU)’s recent investigation into TikTok Nusantara (SG) Pte Ltd’s acquisition of a 75.01% stake in Tokopedia from GoTO Gojek Tokopedia (GOTO) should serve as a loud wake-up call. The deal, KPPU found, poses a serious risk of monopoly and unfair business practices. But the issue goes far beyond market structure—this is a matter of digital sovereignty. To subscribe please click here
