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Japan must toughen regulation if joint approach e-commerce law falls short -lawmaker

Article content TOKYO Japanese policymakers must keep open the option of toughening regulations on technology giants if an e-commerce law introduced this month does not work as expected, said a lawmaker overseeing the ruling party’s deliberations on competition policy. Japan on Feb. 1 joined a global trend towards increased scrutiny of possible antitrust activity by big tech names with legislation requiring disclosure of information such as terms of contracts with business partners, how search rankings operate and reasons for suspending or refusing vendors. We apologize, but this video has failed to load. Try refreshing your browser, or Japan must toughen regulation if joint approach e-commerce law falls short -lawmaker Back to video

Japan must toughen regulation if e-commerce law falls short

Japan must toughen regulation if e-commerce law falls short City centre, Tokyo (Japan). Photo: Cory Schadt/Unsplash February 18, 2021 Japanese policymakers must keep open the option of toughening regulations on technology giants if an e-commerce law introduced this month does not work as expected, said a lawmaker overseeing the ruling party’s deliberations on competition policy. Japan on Feb. 1 joined a global trend towards increased scrutiny of possible antitrust activity by big tech names with legislation requiring disclosure of information such as terms of contracts with business partners, how search rankings operate and reasons for suspending or refusing vendors. The law, which offers leeway in how much information companies must submit, comes as authorities in Europe, Australia and elsewhere confront the clout of global e-commerce and social media firms, concerned of their significant market dominance.

Japan must toughen regulation if joint approach e-commerce law falls short: lawmaker

Japan must toughen regulation if joint approach e-commerce law falls short: lawmaker
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

Japan must toughen regulation if joint approach e-commerce law falls short: lawmaker

Japan must toughen regulation if joint approach e-commerce law falls short: lawmaker
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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