The Japan Fair Trade Commission has announced its new Chairman, Kazuyuki Sugimoto, has taken office. In a press release, the JFTC announced that Sugimoto took office after its investiture ceremony held Tuesday. In a statement, the new Chairman acknowledged the “significant responsibility” he holds and that as the nation’s economy evolves, challenges arise concerning the promotion of healthy competition. According to the JFTC, Sugimoto will focus on three areas while in office: “rigorous and efficient law enforcement,” “enhancement of competitive environment,” and “promotion of international cooperation.” Sugimoto was a registered attorney and has been a government official for more than three decades, most of which he spent at the Ministry of Finance.
Full Content: 4-Traders
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Justice Department Moves to End NCAA Transfer Rule
May 30, 2024 by
CPI
Kenya’s Competition Authority Proposes Tougher Regulations on Big Tech
May 30, 2024 by
CPI
KKR Secures EU Antitrust Approval for $24 Billion Acquisition of Telecom Italia’s Fixed-Line Network
May 30, 2024 by
CPI
European Court Sides with Tech Giants in Italian Regulatory Dispute
May 30, 2024 by
CPI
US Steel and Nippon Steel Secure International Approvals for $14.9B Merger
May 30, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Merger Guidelines Retrospective
May 21, 2024 by
CPI
Mergers of Complements
May 21, 2024 by
CPI
Personality Traits, Private Equity, and Merger Analysis
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Lessons in the Importance of Incipiency, Modern Economics, and Monopsony
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Sharpening Merger Analysis
May 21, 2024 by
CPI