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Enforcement is still key for competition regulator, retiring senior JFTC official says

By Sachiko Sakamaki ( August 5, 2020, 02:22 GMT | Insight) -- Companies, including those in newly emerging digital markets, need to be put on guard about the importance of competition law primarily through resolute enforcement actions rather than just debates about antitrust policy. That's the message from a veteran of more than 30 years at the Japanese competition watchdog, who recently stepped down as the regulator's head of investigations. In an interview with MLex, Hiroshi Yamada said enforcement remains the regulator's key tool.While debate about competition policy is central to the work of antitrust regulators, there's no substitute for old-fashioned enforcement actions to drive home to companies the importance of competition law, the outgoing head of investigations at the Japan Fair Trade Commission, or JFTC, told MLex in an interview. ...

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