Abstract

Author in this paper analyses competition violations under the Antimonopoly Act in Japan. Legal definition of competition violations is presented in the first chapter of paper as follows: private monopolization, unreasonable restraint of trade, and unfair trade practices. The second part of the paper focuses on the procedural course of identifying competition violations and the role played by the Japanese Fair Trade Commission in this process. Finally, the importance of the leniency program is emphasized as one of the most effective means of preventing anticompetitive behaviours of market participants. Throughout the paper, the author points out that there are some differences between competition legal framework in Japan and the European Union. The inspiration for writing this paper is the author's desire to share his own experiences and knowledge, gained during a three-week study visit to Japan in direct work with employees of the JFTC and professors in the field of competition law, in order to acquaint the expert public in the Republic of Serbia with Japanese competition law. During the research, the author used sources from the official site of the JFTC, as well as other relevant articles on the Internet.

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