Japan's Antitrust Regulator Proposes Stiffer Fines

Law360, New York (October 23, 2007, 12:00 AM EDT) -- Japan's antitrust regulator has proposed several amendments to the country's main antitrust law that would increase administrative fines on monopolists as well as create a “group lawsuit system” that expands the scope and strength of the private right of action.

Japan's Fair Trade Commission made public its prospective amendments to the country's Antimonopoly Act on Oct. 16. The recommendations were made in cooperation with an advisory panel that sits under the chief cabinet secretary, according to the commission.

Though the recommendations, which were provisionally translated on...
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