The Japan Anti-Monopoly Act grants new powers to the Japanese Fair Trade Commission when accepting voluntary commitments from companies suspected of having infringed the Act

Recent amendments to Japan’s Anti-Monopoly Act (AMA) that came into effect on 1 January 2019 give the country’s competition regulator, the Japan Fair Trade Commission (JFTC), powers to accept voluntary commitments from companies suspected of having infringed the AMA. This will allow the JFTC to bring investigations to an end without the need to reach a formal finding of infringement. The JFTC will also be able to apply these powers in merger investigations to extract remedies from merging parties in more complex cases. The changes are likely to have significant implications for the way in which the JFTC deals with both infringement and merger control cases, and will bring the JFTC’s powers into line with those of other competition authorities, including in the US and European Union. On

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Authors

  • Freshfields Bruckhaus Deringer (Tokyo)
  • Freshfields Bruckhaus Deringer (Tokyo)
  • Freshfields Bruckhaus Deringer (Tokyo)

Quotation

Joel Rheuben, Jenny Connolly, Kaori Yamada, The Japan Anti-Monopoly Act grants new powers to the Japanese Fair Trade Commission when accepting voluntary commitments from companies suspected of having infringed the Act, 12 March 2019, e-Competitions Bulletin March 2019, Art. N° 92042

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