Indonesia probing Shopee, Lazada units for suspected anti-competition rule breaches
JAKARTA - Indonesia's anti-trust agency is investigating the local units of e-commerce platforms Shopee and Lazada for suspected violations of anti-competition rules, it said on Monday.
The companies are PT Shopee Internasional Indonesia, and PT Ecart Webportal Indonesia, which operates Lazada, it said. Shopee is owned by Southeast Asian technology firm Sea Ltd (NYSE:Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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