Japan To Review Merger Clearance Guidelines

Law360, New York (November 21, 2006, 12:00 AM EST) -- Japan’s competition regulator is considering a revamp in its merger control process that would raise the upper limit on market share beyond the current 35%, according to a published report.

Japan’s Fair Trade Commission is open to relaxing some of the standards for allowing mergers but is reluctant to sharply raise the 35% threshold, Fair Trade Commission Chairman Kazuhiko Takeshima told Japanese daily the Nihon Keizai Shimbun.

In particular, Takeshima said the FTC is looking to adopt an approach similar to the one used in the...
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