The Japan Fair Trade Commission releases survey on corporate compliance efforts and recommends best practices

On November 28, 2012, the Japan Fair Trade Commission (“JFTC”) published the findings of its 2012 survey of corporate compliance practices based on (i) responses from approximately 879 companies listed on the Tokyo Stock Exchange; (ii) interviews of six attorneys specializing in corporate or antitrust law; and (iii) interviews of 82 companies with informative examples of success or failure. The JFTC’s report, titled “Survey on Corporate Compliance Efforts with the Antimonopoly Act (Summary),” coincides with an unprecedented era of administrative and criminal enforcement against Japanese companies and executives by the JFTC and U.S. Department of Justice, Antitrust Division. Although the results pertained to compliance with Japan’s

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Jennifer M. Driscoll-Chippendale, The Japan Fair Trade Commission releases survey on corporate compliance efforts and recommends best practices, 28 November 2012, e-Competitions November 2012, Art. N° 66805

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