Why TikTok Shop Hurts Indonesian SMEs?
Indonesian SMEs claim TikTok Shop bankrupted them. This problem prompted the government to alter Minister of Trade Regulation Number 50 of 2020 on Licencing, Advertising, Guidance, and Supervision of Business Actors in Electronic Trading This change may reduce TikTok Shop’s ‘toxicity’. Teten Masduki, Minister of Cooperatives and SMEs, and Zulkifli Hasan, Minister of Trade, are…