Update: Regulatory Developments Affecting Digital Markets in Japan

A direction of a bill that would require greater transparency in transactions involving operators of digital platforms was disclosed during the Digital Market Competition Convention meeting held on 17 December 2019 and submitted for one month of public consultation. Based on the results, a bill for the Act on Enhancement of Transparency and Fairness of Specified Digital Platforms was approved by the Cabinet on 18 February 2020 and is scheduled to be submitted to the ongoing ordinary session of the Diet. This Alert is an update to the 8 January 2020 Client Alert entitled “Regulatory Developments Affecting Digital Markets in Japan”.