MikeTrendsTrends right now

GgoogleJP BusinessBusiness first seen 46 d ago, last 8 d ago, peak #1

Japan's Fair Trade Commission probes IT giants over municipal deals

Original: 公正取引委員会

Japan's Fair Trade Commission has opened an investigation into major IT companies suspected of obstructing transactions with local governments, after reports that municipalities faced high 'cancellation fee'-style charges when switching system vendors. The commission also issued a cease-and-desist order and about 16 million dollars in surcharges against 42 firms over bid-rigging in condo repair work across 171 buildings near Tokyo. In Korea, Samsung is contesting a 20 billion won fine over misleading gaming-optimization ads.

Why now: Multiple fresh enforcement actions and investigations by the commission, from IT vendor practices to condo repair bid-rigging, drew wide coverage in Japan and Korea.

Japan Fair Trade CommissionSamsung ElectronicsYomiuri ShimbunJapanese municipal governments

Open on google →

Evidence

API: https://socialmediatrends-api.osmike.com/v1/trends/230667