Abstract:
Conflicts of interest have become a serious problem in criminal acts of corruption in a country, not only have an impact on unfair
business competition, but also have an impact on state losses resulting from the practice of criminal acts of corruption, especially
with regard to corruption in the private sector This study seeks to reveal the relationship between conflicts of interest and its
relation to overcoming competition in the private sector. This study uses a socio-legal approach. The results of this study are the
impact of conflicts of interest if not prevented in relation to increased investment in addition to abuse of licensing authority,
corruption in the private sector, influence trading, improper wealth, to threats to law enforcement in Indonesia, in addition to
weaknesses in legal rules to prevent conflicts of interest. in business activities carried out in Indonesia is also a serious problem.
As one of the UNCAC participants, Indonesia is obliged to harmonize and carry out its mandatory obligations to prevent and take
action against entities both public officials and individuals / corporations as private entities in order to avoid conflicts of interest
and corruption in the private sector. Revitalizing the role of Stranas-PK by involving other strategic instruments, such as civil
society organizations, is one of the steps that can prevent conflicts of interest and corruption in the private sector in Indonesia
Keywords:
Conflict of Interest, Private Sector Corruption, UNCAC, KPK-RI
