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Japan: Amendments to Japanese Anti Monopoly Act: Japan Significantly Strengthens Its Antitrust Laws
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26 April 2005
Article by Kei Amemiya

A bill to amend Japan’s Anti Monopoly Act (the "AMA"), which had been long pending at the Japanese Diet, was finally passed on April 20, 2005.

The amendments significantly expand the antitrust investigation and enforcement authority of the Fair Trade Commission of Japan ("JFTC") by effecting four significant changes in Japanese competition law:

  • The amendments increase by as much as 100% the applicable administrative fines (kachokin) for certain types of unreasonable restraints of trade (futo na torihiki seigen), such as price fixing, bid rigging or conspiracy to limit supply.
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