Japan to recognize 4,136 people in spring honors Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/
Donald Tusk | POOL / VIA REUTERS
JIJI Apr 29, 2021
The government said Thursday that it will recognize seven foreign nationals with the Grand Cordon of the Order of the Rising Sun, including former European Council President Donald Tusk, 64, former Australian Prime Minister Julia Gillard, 59, in this year’s spring honors.
The same honor will be granted to Yoshitake Yokokura, 76, former president of the Japan Medical Association, and Nobuo Katsumata, 78, former president of major trader Marubeni Corp.
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On March 29, 2021, the Japan Fair Trade Commission ( JFTC ) and Ministry of Economy, Trade and Industry ( METI ) issued Guidelines for Business Collaboration with Startups ( Guidelines ) for the purpose of promoting open innovation and ensuring fair and free competitive environments.
1 The Guidelines are expected to further improve Japan’s competitiveness by fostering and utilizing human resources with challenging spirits, especially at startups.
In recent years, open innovation, where large companies cooperate with startups to create new value, has become important. Ensuring an environment in which startups can compete fairly and freely helps promote value creation through collaboration between startups and large companies.
Japan, U.S. plan to keep watch on Rakuten after Tencent investment
The Japanese and U.S. governments are planning to jointly monitor e-commerce giant Rakuten Group Inc. for fear of customer data falling into the hands of Chinese authorities, sources with knowledge of the matter said Tuesday.
A group company of Chinese tech giant Tencent Holdings Ltd. has become Rakuten s major shareholder with a 3.65 percent stake, apparently raising alarm among Japanese and U.S. authorities for national security reasons.
Based on a law on foreign investment, the Japanese government is expected to conduct interviews regularly with Rakuten, and share the information with the U.S. government, the sources said.
US Senator wants to ban all future acquisitions by Big Tech Facebook WhatsApp
In line with growing calls for antitrust regulation in the US, Republican Senator Josh Hawley has introduced legislation calling for the ban of all mergers and acquisitions by companies with a market cap of over $100 billion, presumably targeting Big Tech companies Microsoft, Google, Apple, Amazon and Facebook.
Called the “Trust-Busting for the Twenty-First Century Act”, Hawley’s bill proposes overhauling century-old anti-trust and competition laws such as the Sherman Act and the Clayton Act. Hawley wants to clearly define the anti-competitive behaviour under the Federal Trade Commission (FTC) instead of getting bogged down by lawyers and economists.
Japan s FTC to conduct survey on cloud services Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/
Jiji Apr 14, 2021
Japan’s Fair Trade Commission will launch a survey on cloud services to uncover possible unfair business practices, FTC Secretary-General Shuichi Sugahisa said Wednesday.
It has been pointed out that the cloud market, through which wide-ranging on-demand services including data management and emailing are provided to business and individual customers via the internet, is becoming oligopolistic due to the rise of information and technology giants such as Google Inc., Sugahisa said.