New Japan Antitrust Head Vows Tough Enforcement

Law360, New York (March 7, 2013, 6:31 PM EST) -- Japan’s new antitrust chief vowed Wednesday to take a hard stance against price-fixing and bid-rigging and to push for the quick clearance of mergers as he took the helm of the country’s competition watchdog.

The Japan Fair Trade Commission needs to ensure that businesses are in line with the country's Antimonopoly Act as Japan struggles with a difficult economy, incoming JFTC Chairman Kazuyuki Sugimoto said.

“It is important that the JFTC is committed to ensure rigorous and efficient enforcement of the Antimonopoly Act," Sugimoto said in...
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