Jakarta, CNBC Indonesia- UI economist Fithra Faisal sees the government’s steps as appropriate to regulate social media platforms operating in Indonesia by prohibiting social media platforms such as TikTok from running social media and e-Commerce businesses simultaneously.
This step is important to create a climate of equal business competition for foreign products and domestic MSMEs.
Meanwhile, Special Staff to the Minister of Cooperatives & SMEs for Creative Economy Empowerment, Tubagus Fiki Chikara Satari, expressed the importance of the government in preventing monopolistic practices on foreign platforms through cross-border trade, aka cross-border, which is detrimental to the country’s MSMEs.
What is the government’s urgency to prohibit TikTok from running a social media & e-Commerce business simultaneously? For complete details, see Bramudya Prabowo’s dialogue with the Special Staff of the Minister of Cooperatives & SMEs for Creative Economy Empowerment, Tubagus Fiki Chikara Satari and UI Economist, Fithra Faisal on Profit,CNBCIndonesia (Monday, 11/09/2023)