Japan Considers Retooling Antitrust Regulations

Law360, New York (January 25, 2008, 12:00 AM EST) -- Japan's Fair Trade Commission will revamp the way it determines whether to impose penalties on companies for engaging in illegal anti-competitive activities, and may include the proposed changes in a bill aimed at revising the country's Anti-Monopoly Law.

The bill will be submitted at the next session of the Diet, The Nikkei, a regional newspaper, reported on Wednesday.

Among the aspects of the current system the FTC may change is its practice of conducting post-verdict assessments.

Under the current deliberation systems, firms that object to fines...
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