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Japan releases public feedback on proposed subcontract law amendments

( February 21, 2025, 08:21 GMT | Official Statement) -- MLex Summary: The Japan Fair Trade Commission and the Small and Medium Enterprise Agency have jointly published public feedback received on proposed updates to the country's Subcontract Act that aim to empower smaller businesses that struggle to raise prices with larger trading partners. The report compiles 98 comments, including both support and opposition to the proposals, concerns about other existing laws, and perspectives on government intervention in private negotiations and contracts on pricing. The government is preparing to amend the Subcontract Act and other relevant regulations soon. The statements, in Japanese, are attached....

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