The Japan Fair Trade Commission (JFTC) has approved a business improvement plan submitted by Amazon Japan to ease the pricing requirements imposed on sellers, following an investigation into allegations that the company pressured sellers on its e-commerce website to lower prices.The approval was given Wednesday under what are referred to as commitment procedures, a type of an administrative measure under which businesses that engaged in practices allegedly violating the antimonopoly law voluntarily submit improvement plans.Under the procedures, the JFTC will not make a finding that Amazon Japan violated the antimonopoly law, but will monitor the implementation of the improvement plan for five years.
JFTC approves Amazon Japan’s plan to ease seller pricing rules
The move follows an investigation into allegations that the company pressured sellers on its e-commerce website to lower prices.
In brief
The Japan Fair Trade Commission (JFTC) has approved a business improvement plan submitted by Amazon Japan to ease the pricing requirements imposed on sellers, following an investigation into allegations that the company pressured sellers on its e-commerce website to lower prices.The approval was given Wednesday under what are referred to as commitment procedures, a type of an administrative measure under which businesses that engaged in practices allegedly violating the antimonopoly law voluntarily submit improvement plans.Under the procedures, the JFTC will not make a finding that Amazon Japan violated the antimonopoly law, but will monitor the implementation of the improvement plan for…
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