Monday, October 1, 2012

Japan's Competition Law

Japan's competition law is the Antimonopoly Act (Dokusen Kinshihō, "AMA").
The official name of the law is the Act on Prohibition of Private Monopolization and Maintenance of Fair Trade (Shiteki-dokusen no Kinshi oyobi Kōseitorhiki no Kakuho ni Kansuru Hōritsu, Act No. 54 of April 14, 1947). Also, Japan has several other statutory laws.

The AMA prohibits three types of anti-competitive conduct.
  • private monopolization     
  • unreasonable restraints of trade and     
  • unfair methods of competition.  
The enforcement agency is Japan Fair Trade Commission (JFTC).