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Japan’s trade ministry wants antitrust agencies to coordinate, adjust penalties across jurisdictions

By Takehiko Kumakura ( June 6, 2016, 03:33 GMT | Insight) -- Japan's trade ministry is urging the world's antitrust regulators to coordinate their enforcement actions and adjust the amount of penalties imposed on companies operating in multiple jurisdictions. The ministry will soon ask the Japan Fair Trade Commission to propose such a mechanism.Japan's trade ministry is urging the world's antitrust regulators to coordinate their enforcement actions and adjust the amount of penalties imposed on companies operating in multiple jurisdictions. The ministry will soon ask the Japan Fair Trade Commission, or JFTC, to propose such a mechanism....

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