Japan Plans FTC Action, Up to 20% Fines on Google, Apple for Monopoly

Apr 15, 2024, 09:45 PM

Japan is set to intensify its antitrust enforcement against major technology firms such as Google and Apple. The Japanese government plans to implement stricter penalties for monopolistic practices, proposing to raise fines to as much as 20% of sales. This move targets Google's dominance in search ads, including alleged restrictions on a rival's ad service, and Apple's market practices, reflecting Japan's increasing scrutiny of tech giants' operations within its borders. The Fair Trade Commission (FTC) of Japan is spearheading these proposed changes to the country's antitrust laws and is readying action against Google.