JFTC's first fact-finding survey December 11th 17:17

The Fair Trade Commission is trying to create a new business based on innovative technologies, so-called “start-up companies” impose such disadvantageous conditions that unilaterally pass on technology to large companies. In order to ascertain whether or not it was done, we started the first actual survey.

Mr. Yamada, General Manager of the Fair Trade Commission, said at the conference on November 11 that he would like to clarify the actual state of trading practices, including whether startup know-how and intellectual property rights are handled fairly, and targeted startup companies. Clarified that the fact-finding has begun.

This is the first time that the Fair Traders Association has conducted such a survey, and the policy is to conduct interviews with companies, conduct surveys, and compile reports.

Start-up companies are expected to grow by creating new businesses based on AI = artificial intelligence and biotechnology, but there is not enough internal system to protect technologies and know-how compared to large companies There are concerns.

The Fair Trade Commission wants to investigate whether startup companies have been forced into unfavorable conditions such as unilaterally handing over technology in dealings with large companies.

Mr. Yamada said, “After understanding the actual situation of the transaction, I would like to point out the problem in the antitrust law and indicate the direction of improvement”.