• Kyodo

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The government approved a bill Tuesday that would allow for flexible fines to be handed down to antitrust violators who come forward to confess to wrongdoing, depending on the degree of their cooperation with investigations.

The legislation, which the government aims to implement by the end of 2020 after gaining Diet approval, would give the country’s antitrust watchdog more leeway in offering lenient treatment. The aim is to encourage companies to cooperate with its investigations into practices such as bid-rigging and forming cartels.

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