The Japanese FTC issues a draft of amendments on the calculation of fines and reformation of the leniency system and seeks comments from the public

On June 29, 2020, the Japan Fair Trade Commission (“JFTC”) issued a draft of amendments to relevant cabinet orders and rules (“Drafts”) in accordance with the amendments to the Anti-Monopoly Act (“AMA”) previously passed in June 2019 (“2019 AMA Amendments” or “Amendments”). [1] The JFTC is seeking comments from the public. Comments are due by July 28, 2020. The 2019 AMA Amendments were passed on June 19, 2019 and promulgated on June 26, 2019, which will become effective on or before December 25, 2020. [2] The amendments include various topics including enhancement of surcharge (i.e., administrative fines) [3] and reformation

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  • White & Case (Tokyo)
  • White & Case (Tokyo)
  • White & Case (Tokyo)

Quotation

Toshio Dokei, Hideo Nakajima, Takako Onoki, The Japanese FTC issues a draft of amendments on the calculation of fines and reformation of the leniency system and seeks comments from the public, 29 June 2020, e-Competitions June 2020, Art. N° 95820

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