NTT Act amendment bill: Original Ministry of Internal Affairs and Communications clarified, leaving room for discussion, not limited to abolition

The original draft of the amendment bill compiled by the Ministry of Internal Affairs and Communications regarding the NTT Act has been revealed. Regarding the abolition of the law, which is the focus of attention, the supplementary provisions state that it will be ``revised or abolished by next year's regular Diet session,'' leaving room for discussion without limiting it to abolition.

Regarding the NTT Act, the Ministry of Internal Affairs and Communications has been discussing issues such as the obligation to provide fixed-line telephone services and other uniform services nationwide, and the state of NTT's international competitiveness.

On the other hand, the Liberal Democratic Party has put together a proposal calling for the law to be abolished after taking the necessary measures, and major telecommunications companies, with the exception of NTT, are opposing the repeal on the grounds that it will hinder a fair competitive environment.

Under these circumstances, the Ministry of Internal Affairs and Communications plans to submit a bill to revise the law during the current regular session of the Diet, and the draft of the bill has been revealed.

Regarding the abolition of the law, which is the focus of attention, the supplementary provisions state that ``necessary measures such as revision or abolition will be taken by next year's regular session of the Diet'', leaving room for discussion without limiting it to abolition. It has become.

The Ministry of Internal Affairs and Communications will make final adjustments, taking into consideration future discussions within the Liberal Democratic Party, before submitting the bill to the current regular session of the Diet.

On the other hand, the proposed amendments include eliminating the obligation for NTT to disclose research results, allowing companies to change their names, and easing regulations on foreign executives.

After that, the focus will be on how the debate will proceed regarding the repeal of the law that would further increase NTT's management and business freedom.