Until now, the Japan Fair Trade Commission has fined companies 6% of their sales in related services under the current antimonopoly law.
© Reuters
RIHO NAGAO, Nikkei staff writer |
TOKYO — Japan plans to increase a penalty for monopolistic practices by tech companies to 20% or more of their applicable sales nationwide, Nikkei has learned, more than triple the percentage under current antitrust law.
The planned Japanese legislation is intended to prevent monopolies in app distribution, targeting Apple and other companies offering operating systems for smartphones.
