New Japanese laws could penalize Apple with up to 20% fine
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Japan is ready dramatically Tighten penalties for tech giants accused of monopolistic behavior, such as Apple.
As part of a major global effort to curb the power of big tech companies, the Japanese government plans to overhaul its antitrust rules. This strategy could result in fines for anti-competitive behavior, such as unfairly restricting access to app markets, potentially increasing to 20% of qualifying sales.
Similar actions have been taken in other regions, including the European Union.
Japan's new proposal strengthens existing fines that cap 6% of sales, signaling the country's commitment to enforcing competitive practices in the digital economy. Its adjustment is consistent with moves seen in other regions, including the European Union, according to Nikkei Asia.
Amid changes in Japanese law lies a series of international debates and legal challenges regarding the business practices of large technology companies. Apple, in particular, has been at the center of these discussions.
In December, Japan announced its intention to impose fines on Apple. The goal is to ensure that companies like Apple and Google do not unfairly favor their services or products.
Like the EU and upcoming Japanese regulations, mobile platform operators should allow alternatives to their app stores and payment systems, helping to create a more open digital market. This change is intended to remove barriers in favor of existing platforms over smaller developers and competitors.
For those who persist in anti-competitive behavior, fines can rise to a staggering 30% of sales. This underscores the seriousness of the new policy and its determination to combat persistent anti-competitive behaviour.
Japan's proposal could be a catalyst for further regulatory reforms around the world as countries reconsider their approaches to digital market monopolies. The Fair Trading Commission plans to present a comprehensive draft proposal to legislative groups, including the economic and industrial arm of the ruling Liberal Democratic Party.
The commission intends to introduce the bill to parliament within a few weeks.
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