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Comment: Kyushu Electric's appeal of JFTC sanctions may hinge on its change of stance

By Sachiko Sakamaki ( January 19, 2024, 07:28 GMT | Comment) -- Japan’s Kyushu Electric Power, sanctioned last year for its role in a cartel involving retail electricity, became the first company in recent history to appeal a Japan Fair Trade Commission’s corrective order and fine, after winning a discounted fine under the regulator's leniency program. Kyushu is denying any wrongdoing in its objection to the JFTC decision, which determined there was a market-sharing cartel between Kyushu and Kansai Electric power companies. The Tokyo District Court will likely look at Kyushu’s apparent change of stance in what is generally being seen as an uphill battle to cancel the JFTC sanctions. Japan’s Kyushu Electric Power, sanctioned last year for its role in a cartel involving retail electricity, became the first company in recent history to appeal a Japan Fair Trade Commission’s corrective order and fine, after winning a discounted fine under the regulator's leniency program. The Tokyo District Court will likely look at Kyushu’s apparent change of stance in what is generally being seen as an uphill battle to cancel the JFTC sanctions....

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