"No competition, no growth" is still our motto. I believe that a competition policy that provides economic growth fundamentals becomes more vital than ever. Based on these grounds, the JFTC has set forth the following three priorities: Strict law enforcement against anti-competitive practices such as price cartels or bid-riggings that affect people’s everyday lives, Enhancement of advocacy activities to establish a competitive environment and Promotion of international cooperation to cope with globalized business activities.
Interview conducted by Tomohiko Kimura, Yabuki Law Offices,Tokyo.
The Chairman’s policy directions
2 years have passed since you took the position of Chairman of the JFTC in March 2013. Looking back on the last 2 years, how do you evaluate the activities and achievement of the JFTC and do you see any changes in the JFTC’s priorities from Mr. Takeshima’s era?
Since I took office last March, during the period between April 2013 and January 2015, in terms of violation of the Antimonopoly Act, the JFTC has taken legal measures in 26 cases, against 335 enterprises. The JFTC issued surcharge payment orders against 297 enterprises in total. The total amount of the surcharges was approximately 46.1 billion yen. The JFTC also has issued recommendations in 16 cases and 9,556 instructions, in accordance with the Subcontract Act. In addition, the amendment bill