CPI Asia Column edited by Vanessa Yanhua Zhang (Global Economics Group) present:
Interview with the Japanese Fair Trade Commission
| 1. What are some of the major activities of the JFTC over the first half of 2017 and what is expected for the rest of the year? |
First, the JFTC has rigorously enforced against violations of the Antimonopoly Act (“AMA”) in the first half of 2017. The JFTC issued seven cease and desist orders and surcharge payment orders against 15 enterprises. The total amount of the surcharge is about 7.5 billion yen. The JFTC also issued two warnings. Moreover, the JFTC closed an investigation on suspected violation of the AMA taking into consideration that the parties concerned would promptly take voluntary measures to eliminate competitive concerns.
Specifically, the JFTC issued the cease and desist order and surcharge payment orders (about 6.3 billion yen) to the manufacturing distributors of equipment for fire rescue digital radio (Bid-rigging, Feb. 2). The JFTC also issued a warning to a company dealing European Government Bond (Bid-rigging in private demand, Mar. 15) and closed the investigation against Amazon Japan G. K. regarding to the price parity clauses and the selection parity clauses (June 1).
Second, in order to reconsider the surcharge system, the JFTC released the report for the amendment of the AMA which the Study Group on the Antimonopoly Act compiled on April 25.[1] The report suggests that:
it is appropriate to revise the current ri
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