Department profile
Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills Kramer

Competition/Antitrust

Asia-Pacific Guide 2026 : Indonesia


Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills Kramer

Rankings

About

Provided by Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills Kramer

We are one of the most active law firms in Indonesia in the competition space, consistently advising on top-end deals for premier clients in both non-contentious and contentious matters. This includes advising on merger control filings in the context of M&A transactions, and on allegations and investigations of breach of Indonesian competition law brought against our clients, for which we can draw on our keen understanding of the workings of Indonesia’s anti-trust commission.

Our recent work highlights include acting for:

  • Smartfren’s controlling shareholders in the merger of Smartfren Telecom and Smart Telecom into XL Axiata, to become XLSMART Telecom Sejahtera  
  • Mitratel on Indonesian merger filings to the Indonesian Competition Commission (KPPU) in relation to its acquisition of a tower company and a fibre company 
  • Indonesia Investment Authority (INA) on merger control filing requirements in relation to divestment of its majority stake in two Indonesian toll roads in Sumatra to its investment platform with APG Asset Management (APG) and Abu Dhabi Investment Authority (ADIA) 
  • Itochu Cooperation on post-closing merger control notification to KPPU in relation to the acquisition of all of the shares in Daiken Corporation  
  • Tokio Marine on post-closing merger control notification in Indonesia in relation to its acquisition of Integrated Design & Engineering Holdings Co. Ltd in Japan 

Clients (9)

  • Ant Group
  • XL Axiata
  • Generali
  • Warburg Pincus
  • Vitol
  • JX Nippon Oil & Gas
  • SK Ecoplant
  • Synthomer
  • Nippon Steel Corporation

Industries (8)

  • Energy and Utilities
  • Financial Investors
  • Financial Services
  • Industrials, Engineering and Manufacturing
  • Property, Construction and Infrastructure
  • Resources and Mining
  • Retail and Consumer
  • TMT

Chambers Review

Provided by Chambers

Competition/Antitrust - Indonesia

Band 2

Band 2


What the Team is Known For

Hiswara Bunjamin & Tandjung acts on various antitrust matters in Indonesia, including merger control filings and competition law investigations. Additionally, the firm advises on competition compliance, including in relation to distribution agreements. The group is regularly instructed by multinational clients, handling global competition matters thanks to its integration with Herbert Smith Freehills Kramer. The team holds a strong record of assisting with competition matters relating to complex M&A deals, including acquisitions and joint ventures. Hiswara Bunjamin & Tandjung represents clients from the manufacturing, technology and energy sectors, among others.

Work Highlights

Provided by Chambers

  • Hiswara Bunjamin & Tandjung advised Dayamitra Telekomunikasi on the acquisition of 803 telecommunication towers previously owned by Gametraco Tunggal, including the related correspondence and meetings with the KPPU.

Strengths

Provided by Chambers

  • They are very easy to work with and have deep knowledge on how to communicate with the KPPU.

    Competition/Antitrust respondentAsia-Pacific

Notable Practitioners

Provided by Chambers

  • Band 2Sakurayuki .
    Band 2Sakurayuki .

    Sakurayuki .

    Sakurayuki heads the competition law practice at Hiswara Bunjamin & Tandjung in Jakarta and advises on the antitrust aspects of acquisitions of shares, assets and business activities such as distribution agreements. Her client base includes regional and international companies, and she is particularly knowledgeable about the telecommunications, infrastructure and hospitality industries.

    • Sakurayuki was insightful, offering us strategic advice with confidence.

      Competition/Antitrust respondentAsia-Pacific

Ranked Individuals at Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills Kramer (1)

Indonesia

Members

Provided by Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills Kramer

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