Foreign companies looking to franchising in Indonesia will be required to have more than one local partner in the country, under new regulations due to come into effect soon.
This will impact on franchisors, as they will no longer be able to restrict their Master Franchises to a single person or company and will not be able to build company-owned outlets in the country.
The Indonesian government is hoping that this regulation will avoid market monopolies and encourage more competition.
Published: 7 March 2012
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