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JFTC to issue warnings to nine school textbook publishers over payments, gifts

( June 10, 2016, 08:49 GMT | Insight) -- The Japan Fair Trade Commission, or JFTC, will issue warnings to nine textbook publishers as early as this month over the provision of payments and gifts to school administrators on the grounds that such practices could be a violation of the nation’s antitrust law, the Yomiuri newspaper reports. The Japan Fair Trade Commission, or JFTC, will issue warnings to nine textbook publishers as early as this month over the provision of payments and gifts to school administrators on the grounds that such practices could be a violation of the nation’s antitrust law, the Yomiuri newspaper reports. The nine companies are Tokyo Shoseki, Kyoiku Shuppan, Dainippon Tosho, Gakko Tosho, Kyoiku Geijutsu Sha, Mitsumura Tosho, Sanseido, Suken Shuppan, Keirinkan. The companies said the payments or gifts were legitimate remuneration for advice and that they hadn’t asked the school administrators to adopt their books, according to the newspaper. ...

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