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Excessive regulation of digital platforms could stifle innovation, Japanese business lobby says

( October 15, 2019, 10:15 GMT | Official Statement) -- MLex Summary: Japan’s biggest business lobby, Keidanren, says excessive regulations imposed on digital platform operators could stifle innovation among digital businesses, as the nation’s competition and data protection regulators move to tighten regulations. In promoting data-driven innovation, the lobby group said digital platform operators — both domestic and foreign — were essential to promoting Japan's digital economy, and called for a balanced approach to protecting privacy and promoting innovation. Regarding planned amendments to the privacy law, the lobby group opposed the privacy commission’s proposed requirement to notify companies’ data breaches, and called on the competition regulator to make conservative and precise applications of abuse of superior bargaining position clauses to digital platform operators’ handling of consumer data.A statement and a summary, both in Japanese, are attached....

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