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Japanese companies should amend views on cartels, compliance, JFTC investigation chief says

By Sachiko Sakamaki ( July 2, 2019, 05:30 GMT | Insight) -- As Japanese companies continue to face cartel sanctions at home and abroad, the investigation chief at the country’s antitrust enforcer has warned that some Japanese companies may need to amend their misunderstandings about cartels and compliance. Toshiyuki Nambu, director general of the Japan Fair Trade Commission’s Investigation Bureau also called for international dialog on how to ease the burden of companies’ leniency applications as the number of applications declines in Western jurisdictions.As Japanese companies continue to face cartel sanctions at home and abroad, the investigation chief at the country’s antitrust enforcer has warned that some Japanese companies may need to amend their misunderstandings about cartels and compliance. Toshiyuki Nambu, director general of the Japan Fair Trade Commission’s Investigation Bureau also called for international dialog on how to ease the burden of companies’ leniency applications as the number of applications declines in Western jurisdictions....

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