Japan: The Japan Authority of Fair Trading publishes its 2014-2015 annual report and announces an important procedural reform with "due process" strengthening

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Competition law and policy in Japan is based primarily on a 1947 Antimonopoly Law shaped by the United States after the defeat of 1945. Japan's competition law will therefore celebrate its sixtieth anniversary in 2017. Japan's institutional competition system is based on an independent administrative authority attached to the Office of the Prime Minister of Japan with institutional eclipses that have temporarily attached it to subordinate ministries: the Japan Fair Trade Commission (Kosei Torihiki Inkai) consisting of a Chairman and four Commissioners modelled on the US Federal Trade Commission. In practice, the JFTC is an authority with the status of an