Business Standard

Japan to join forces with US, Europe in regulating Big Tech firms

The chairman of Japan's Fair Trade Commission, also said Tokyo could open a probe into any merger or business tie-up involving fitness tracker maker Fitbit if the size of such deals are big enough

Technology, Tech Giants, Alphabet Inc, Apple, Microsoft, Facebook, Amazon
Premium

Japan is laying the groundwork to regulate platform operators. Among them are big tech giants dubbed "GAFA" - Google, Apple, Amazon and Facebook - that face various antitrust probes in western nations

Reuters
Japan will join forces with the United States and Europe to take on any market abuses by the four Big Tech companies, the new head of its antitrust watchdog said on Monday, a sign Tokyo will join global efforts to regulate digital platform operators.

Kazuyuki Furuya, chairman of Japan's Fair Trade Commission (FTC), also said Tokyo could open a probe into any merger or business tie-up involving fitness tracker maker Fitbit if the size of such deals are big enough.

"If the size of any merger or business-tie up is big, we can launch an anti-monopoly investigation into the buyer's process of

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in