This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

ABA sections comment on JFTC's proposed changes in its surcharge system

( July 27, 2017, 07:57 GMT | Official Statement) -- MLex Summary: The American Bar Association's antitrust law and international law sections have released joint comments regarding the Japan Fair Trade Commission's "Antimonopoly Act Study Group Report on the Surcharge System."  The ABA report, written both in English and Japanese, was in response to the JFTC's proposed revisions to the surcharge system released in English on April 25. In that report, a JFTC study panel called for a more flexible system of surcharges, saying that the current mechanism was "rigid" and that the JFTC should have some discretion in determining surcharges on a case-by-case basis. In their June 29 report, the ABA sections commend the JFTC's plan to revise the surcharge system and recommend that guidelines for determining surcharges be clear. The ABA report also says, among others, that surcharges are appropriate only for "hard-core" cartel conduct, such as price fixing and bid rigging and that such surcharges should be based on a thorough analysis of the effects of the violation.The report is attached. ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login