TOKYO -- Japan plans to increase a penalty for monopolistic practices by tech companies to 20% or more of their applicable sales nationwide, Nikkei has learned, more than triple the percentage under current antitrust law.
Technology
Japan to raise fines for app store monopolies to 20% of sales
Proposed law aims to ensure Apple and Google open their platforms to third parties
Until now, the Japan Fair Trade Commission has fined companies 6% of their sales in related services under the current antimonopoly law. © Reuters
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