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AI Watch: Global regulatory tracker - Japan

Japan adopts a soft law approach to AI governance but lawmakers advance proposal for a hard law approach to generative AI foundation models. Laws/Regulations directly regulating AI (“AI Regulations”) Japan currently...more

JFTC seeking public comments on proposed Guidelines re: Anti-Monopoly perspective on business activities for realizing a Green...

On January 13, 2023, Japan Fair Trade Commission ("JFTC") proposed a draft of "Guidelines Concerning the Activities of Enterprises, etc. Toward the Realization of a Green Society under the Antimonopoly Act" ("Draft...more

Amendments to Japan's Civil Procedure Rules: Towards Full Digitalization of Court Proceedings

On May 25, 2022, the Amended Code of Civil Procedure ("CCP") was enacted in Japan. It will introduce significant systemic changes to achieve full implementation of digitalized civil court procedures in Japan, which has been...more

JFTC’s policy to actively promote competition in response to social economics, such as digitalization: Coordinating and...

JFTC’s policy to actively promote competition in response to social economics, such as digitalization: Coordinating and strengthening advocacy and enforcement - On June 16, 2022, the Japan Fair Trade Commission ("JFTC")...more

JFTC market study report on credit card transactions suggests standard interchange fee rates be disclosed

On April 8, 2022, the Japan Fair Trade Commission ("JFTC") published the Market Survey Report on Credit Card Transactions ("Report"). The JFTC conducted a survey on credit card transactions in order to ascertain disclosure of...more

JFTC Report: Competition policy and antitrust law perspective on the initial public offering (IPO) pricing process

On January 28, 2022, the Japan Fair Trade Commission ("JFTC") published a report "Understanding the reality of the public offering price setting process in the initial public offerings (IPOs)" ("Report"). The Report was...more

New Capitalism in Japan: Measures to Facilitate Pass-on for Value Creation through Partnerships, including by the JFTC

On December 27, 2021, the New Capitalism Headquarters at the Cabinet Secretariat of Japan, Consumer Affairs Agency ("CAA"), Ministry of Health, Labour and Welfare ("MHLW"), Ministry of Economy, Trade and Industry ("METI"),...more

JFTC and METI Proposes Guidelines for Business Collaboration with Startups and Investment in Startups

On December 23, 2021, the Japan Fair Trade Commission ("JFTC") and Ministry of Economy, Trade and Industry ("METI") proposed a draft of Guidelines for Business Collaboration with Startups and Investment in Startups...more

New Capitalism in the Kishida Administration and Competition Policy in Japan

Fumio Kishida was appointed Prime Minister of Japan on October 4, 2021, and the Kishida Administration was formed on the same day. They are aiming to the "New Capitalism" based on the concept of "a virtuous cycle of growth...more

Global merger control: Navigating stormy seas

There have been a number of developments in merger control in 2020 and Q1 2021. Some are related to the repercussions of the COVID-19 pandemic, while others are borne out of the ambitions and changes sought by individual...more

JFTC and METI issued Guidelines for Business Collaboration with Startups

On March 29, 2021, the Japan Fair Trade Commission ("JFTC") and Ministry of Economy, Trade and Industry ("METI") issued Guidelines for Business Collaboration with Startups ("Guidelines") for the purpose of promoting open...more

JFTC/CPRC extended the public comment period until March 12, 2021: Proposed issues to be discussed at the Study Group on...

The Competition Policy Research Center ("CPRC") of the Japan Fair Trade Commission ("JFTC") is seeking comments from the public on a list of proposed issues to be discussed at the Study Group on Competition Policy for Data...more

JFTC/CPRC seeking public comments on proposed issues to be discussed at the Study Group on Competition Policy for Data Market

On December 24, 2020, the Competition Policy Research Center ("CPRC") of the Japan Fair Trade Commission ("JFTC") announced a list of proposed issues to be discussed at the Study Group on Competition Policy for Data Market...more

METI Seeking Public Comments on Proposed Regulations for Act on Improving Transparency and Fairness of the Specified Digital...

On December 22, 2020, Ministry of Economy, Trade and Industry ("METI") proposed a draft of cabinet order ("Cabinet Order"), implementing regulations ("Implementing Regulations") and guidelines ("Guidelines")for the Act on...more

JFTC and METI Proposed Guidelines for Business Collaboration with Startups

On December 23, 2020, the Japan Fair Trade Commission ("JFTC") and Ministry of Economy, Trade and Industry ("METI") proposed a draft of Guidelines for Business Collaboration with Startups ("Guidelines") for the purpose of...more

JFTC: Criminal prosecutions of bid-rigging involving pharmaceutical products

On December 9, 2020, the Japan Fair Trade Commission ("JFTC") brought criminal accusations with regard to bid-rigging involving pharmaceutical products ordered by the Japan Community Healthcare Organization ("JCHO"). Three...more

JFTC Public Comment Opportunity: Amendments to Rules for eliminating seals to promote online procedures

On November 2, 2020, the Japan Fair Trade Commission ("JFTC") proposed amendments to relevant rules ("Drafts")  in accordance with the Government of Japan's "Regulatory Reform Implementation Plan" ("Government's Plan")...more

JFTC Merger Review FY2019

During FY 2019, the Japan Fair Trade Commission ("JFTC") received 310 notifications, which is a 3.4 percent decrease from FY 2018. It provided clearance for 300 cases at Phase I review. Two cases were sent to Phase II review....more

Regulation of Artificial Intelligence in Europe and Japan

Enterprises around the world are rapidly incorporating artificial intelligence (AI) into existing and new products and processes. This effort is not just to improve such offerings and services, but to achieve a qualitatively...more

JFTC Public Comment Opportunity: New Rules re: Fine Calculation and Leniency in accordance with 2019 AMA Amendments

On June 29, 2020, the Japan Fair Trade Commission (“JFTC”) issued a draft of amendments to relevant cabinet orders and rules (“Drafts”) in accordance with the amendments to the Anti-Monopoly Act (“AMA”) previously passed in...more

Interim Report on Startup Businesses Practices by the Japan Fair Trade Commission (“JFTC”)

On June 30, 2020, the JFTC published an interim report about market research on startup business practices (the "Report"). The JFTC will continue its research and will issue a final report. This is part of the effort by the...more

The Government of Japan seeks Public Comment on Digital Advertising Interim Report

The Digital Market Competition Council (the “Council”) published the “Interim Report on the Evaluation of Competition in the Digital Advertising Market” (the “Report”) on June 16, 2020. The Council is seeking comments from...more

Report on Medium-Term Vision on Competition in Digital Market by the Government of Japan

On June 16, 2020, the Digital Market Competition Council published the “Report on the Medium-Term Vision on Competition in the Digital Market” (“Report.”) The Report discusses the current situation surrounding the digital...more

Market Research Interim Report on Digital Advertising by the Japan Fair Trade Commission (“JFTC”)

The JFTC published the “Interim Report Regarding Digital Advertising” (“Interim Report”) on April 28, 2020 based on the market research (“Research”) conducted by the JFTC. The Research was conducted in accordance with the...more

The Japan Fair Trade Commission ("JFTC") published Market Research Reports re: Fintech and Financial Services

The JFTC published two reports ("Reports") including the "Report on Cashless Payment Services using QR Codes, etc." ("Cashless Payment Report" or "Report")1 and "Report on the Household Account Book Services, etc."...more

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