A PYMNTS Company

Japan: Antitrust watchdog to study tech giants

By  |  December 12, 2018

The Fair Trade Commission has decided to launch a massive survey in January into the business practices of internet technology giants, a senior lawmaker said Wednesday.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The planned survey is designed to learn how four large firms that provide online search and shopping services, Google, Apple, Facebook  and Amazon.com, conduct business and how best to set regulations for dealing with issues that may arise due to their massive economic clout.

    The move, revealed at a meeting of ruling Liberal Democratic Party lawmakers, comes amid growing concerns that such technology companies can force unfair deals on smaller business partners due to their overwhelming market shares.

    Full Content: Japan Times

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.