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