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ECONOMY

U.S. tech giants express concern over Japan’s bill to regulate digital trade

  • November 13, 2019
  • , All national papers
  • JMH Summary

All national dailies reported on a GOJ hearing held with representatives from Google, Apple, Facebook, and Amazon, collectively known as GAFA, at the Kantei on Tuesday. The GOJ is considering enacting a bill that will require operators of major online shopping sites to make their contract terms and rules public. The GOJ is planning to submit the draft bill to the ordinary Diet session to be convened in January next year. The papers wrote that although the U.S. tech giants expressed understanding for the bill’s purpose of ensuring transparency in digital trade and protecting customer privacy, they expressed concern that the regulations stipulated in the bill could become a major liability for them. Nikkei wrote that the GOJ is planning to craft a bill that strikes a balance between regulations and competition.

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