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Japanese Antitrust Team To Target Big Tech Companies

The FTC already has an antitrust team of market analysts who will make rapid and fast judgments on the impact of a deal by a big tech companies on its competitors. 

Japanese Antitrust Team To Target Big Tech Companies

The Fair Trade Commission of Japan will step up the reviews of acquisitions and mergers in the field of technology, in the process creating a new antitrust team to make rapid and fast judgments on the impact of a deal by a big tech company on its competitors. 

This team will comprise many dozens of people specialised in different fields and its focus will be on economic analysis which is a tool that is employed to delve into the concerns of suggested monopolies to help in determining whether or not to start antitrust investigations for the concerned big tech company. 

Antitrust teams have been depending on economic analysis as a valuable tool in order to keep up the pace with the fast-evolving models of business in the tech industry. These businesses use online services to lock user data in the name of convenience and this creates a very big barrier for new entrants in the field of technology. 

The Fair Trade Commission already has a team of market analysts, but its members were often assigned diverse roles and diverted to other cases as per the requirements of the moment. The Japanese FTC is looking to shore up its ranks with economists from the private sector as well as specialists who are western educated. 

At present, the FTC is screening 300 merger proposals per year and has employed economic analysis in order to screen deals in the past like the merger of Z Holdings with Line, which was approved in 2020. 

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