Japan 2005
Score = 16
Governed by: Act Concerning Prohibition of Private Monopolization and Maintenance of Fair Trade: Law No. 54 of 1947 (as amended in 2005) (hereinafter referred to as “Fair Trade Act”) [1]
| Category | Subcategory | Score | Comment |
|---|---|---|---|
| Scope | Extraterritoriality | 0 | |
| Remedies | Fines | 1 | §89 allows the Commission to impose fines for violations of the FTA. |
| Prison Sentences | 1 | §89 allows the Commission to impose imprisonment for violations of the FTA. | |
| Divestitures | 1 | §7(1) of the FTA allows the Commission to divide up private monopolies. | |
| Private Enforcement | 3rd Party Initiation | 1 | §45 says that any person can report a violation to the Commission and ask for appropriate measures to be taken. |
| Remedies Available to 3rd Parties | 1 | §24 gives injured 3rd parties the right to demand a suspension of the infringements of the FTA and collect damages after the conclusion of the hearing. | |
| 3rd Party Rights in Proceedings | 0 | ||
| Merger Notification | Voluntary | 0 | |
| Mandatory | 3 | §15(2) requires pre merger notification for all proposed mergers. | |
| Pre-merger | 2 | §15(2) requires pre merger notification for all proposed mergers. | |
| Post-merger | 0 | ||
| Merger Assessment | Dominance | 1 | §9 prohibits any merger that may cause an excessive concentration of economic power. |
| Restriction of Competition | 1 | §15(1) prohibits mergers that have the effect of substantially restraining competition. | |
| Public Interest (Pro D) | 0 | ||
| Public Interest (Pro Authority) | 0 | ||
| Other | 0 | ||
| Efficiency | 0 | ||
| Dominance | Limits Access | 0 | |
| Abusive Acts | 1 | §2(9) lists unjustly using one’s position as an unfair trade practice. | |
| Price Setting | 1 | §2(9) lists price setting as an unfair trade practice. | |
| Discriminatory Pricing | 1 | §2(9) lists discriminatory pricing as an unfair trade practice. | |
| Resale Price Maintenance | 0 | ||
| Obstacles to Entry | 0 | ||
| Efficiency Defense | 0 | ||
| Restrictive Trade Practices | Price Fixing | 1 | §2(6) lists price fixing as an unreasonable restraint of trade. |
| Tying | 0 | ||
| Market Division | 0 | ||
| Output Restraint | 1 | §2(6) lists output restraint in its definition of unreasonable restraints of trade. | |
| Market Sharing | 0 | ||
| Eliminating Competitors | 0 | ||
| Collusive Tendering/Bid-Rigging | 0 | ||
| Supply Refusal | 0 | ||
| Efficiency Defense | 0 |
References
- ↑ A comprehensive listing of relevant statutes can be found here, http://www.jftc.go.jp/e-page/legislation/index.html