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Economy

Japan's antitrust body to set rules for data-sharing tie-ups

Watchdog aims to keep partners like Toyota and SoftBank from monopolizing information

Japanese antitrust officials will formulate rules for how cross-industry alliances can share data.   © Reuters

TOKYO -- Japan's antitrust watchdog will craft rules for cross-sector partnerships in high-tech fields like automated driving and connected devices, seeking to prevent monopolies on big data and intellectual property.

In planning conferences starting in December, the Fair Trade Commission's Competition Policy Research Center aims to clarify at what point inter-industry data sharing crosses the line into illegality. It aims to reach a conclusion as soon as the summer, with the FTC expected to use the rules as the basis for new guidelines on antitrust law.

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