Originally published at: Indonesia bans iPhone 16 - Boing Boing
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Are governments still allowed to regulate companies and products? I thought the multi-national corporations told governments what to do now
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I presume that this was a technology offset agreement. One country agrees to buy X amount of product from a company, and in return said company agrees to invest Y amount of cash back into the country as a technological investment. The rules are set by the purchasing country, in coordination with the US state department, as part of the original contract. If the company defaults the country has almost free reign to assign penalties as stipulated in the contract. With any contract, ambiguity favours the party who didn’t write it
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Earlier this month, the minister had already indicated that the iPhone 16 could not be sold in the country due to the pending TKDN certification, which requires that 40 percent of a product’s content be sourced locally.
40 percent is a lot. Are bribes typically involved?
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Heavens no. Bribes are explicitly forbidden, and as such never happen.
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