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Economy

Japan considers tighter antitrust rules on US tech giants

Government report concerned about purchases of potential competitors

TOKYO - - Information technology giants like Google and Facebook should face greater antitrust oversight in Japan to prevent them from abusing their dominant market positions to stifle competition and infringe on consumer privacy, according to a government report compiled Wednesday .

The report suggests considering intellectual property, such as patents relating to data and artificial intelligence, as well as researchers on staff when making valuations of companies. Such a move would be geared at restraining the deep-pocketed companies from snapping up startups that could become future competitors.

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