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Leveling the online playing field: Asia-Pacific regulators go after GAFA
25 February 2019 00:00
They are the Titans of their markets. But the blow-back has now begun. Google, Amazon, Facebook and Apple, collectively known as GAFA, have had the heat turned up on them in the past year as regulators in Asia-Pacific have gone after them over problems ranging from data privacy to dominance abuse and other competition issues. MLex Australia Senior Correspondent Laurel Henning and MLex Japan Senior Correspondent Toko Sekiguchi look at how three key countries in the region are taking a tougher line on tech's Big Four and the regulatory challenges they have triggered.
JFTC's control over competition policy for digital platforms challenged by new government expert groupAs antitrust rulemaking in Japan’s data economy increasingly takes on protectionist overtones in the form of measures targeting foreign Internet giants, the debate on revising competition laws and guidelines is being co-opted by Prime Minister Shinzo Abe’s administration, diminishing the role played by the traditional gatekeepers of competition policy. At issue is who will ultimately make the rules — the Japan Fair Trade Commission or an expert group convened by the prime minister?