The Fair Trade Commission released on July 9 its draft guideline for prohibited cases of holding companies under the revised Antimonopoly Law.

The revised law, to take effect before the end of the year, basically allows the formation of holding companies, but it will continue to prohibit cases in which “excessive concentration” of economic power is likely. The FTC is to finalize its guidelines, including a specific definition of excessive concentration, by the time the law takes effect, which will be no later than six months from its promulgation June 18.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.