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Japanese electric-power companies warned against favoring their own retail arms over new power retailers in JFTC market report

By Sachiko Sakamaki ( January 17, 2024, 07:00 GMT | Insight) -- Japan’s top 10 electric-power groups were warned today to correct practices favoring their own retail arms at the expense of new, independent power retailers who entered the market under liberalization, in the latest market survey by the country's antitrust regulator. The Japan Fair Trade Commission said it would continue to study the electricity retail situation, and take decisive measures against illegal conduct and consider additional proposals to improve competition.  Japan’s top 10 electric-power groups were warned today to correct practices favoring their own retail arms at the expense of new, independent power retailers who entered the market under liberalization, in the latest market survey by the country's antitrust regulator....

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