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Annual Report (January-December 2003)

Table of contents

Executive Summary

I Changes to competition laws and policies -Outline of new regulations in competition laws and related legislation

1 Transition of the JFTC to an ext ernal organ of the Cabinet Office

2 Outlines of the amendment of the Antimonopoly Act

 1) Meeting of the Study Group on the Antimonopoly Act

 2) Release of the outlines of the amendment of the Antimonopoly Act

3 Bilateral Cooperation Agreements

 1) Agreement between the Government of Japan and the European Community concerning cooperation on Anticompetitive Activities

 2) Others

II Enforcement of competition laws and policies

1 Measures against violations

 1) Measures taken in 2003

 A) Legal measures

 B) Surcharge payment orders

 C) Criminal accusations

 D) Hearing procedures

 E) Implementation of the Act Concerning Elimination and Prevention of Involvement in Bid Rigging, etc.

 2) Summary of main cases

 3) Litigation

 A) Lawsuits seeking to overturn a JFTC decision

 B) Lawsuits seeking compensation for damages based on Section 25 of the Antimonopoly Act

 C) Lawsuits seeking injunction based on Section 24 of the Antimonopoly Act

 D) Other claims for compensation for damages related to the Antimonopoly Act

2 Mergers and acquisitions

 1) Publication of Guideline for Merger investigations on Cases concerning Corporate and Industrial Revitalization

 2) Statistics relating to mergers and acquisitions

 3) Main mergers and acquisitions cases

III The role of a competition authority in the formulation and implementation of other policies

1 Coordination between the Antimonopoly Act and other economic laws and ordinances

2 Administrative coordination

3 Trade of surplus electricity generated from waste biomass in line with commencement of the RPS system

4 Report of the Study Group on Public Procurement and Competition Policy

IV Japan Fair Trade Commission resources (FY2003)

1 Budget

2 Number of officials

3 Inauguration of the Competition Policy Research Center

V Main surveys related to competition policy

1 Survey report on competition conditions surrounding the management and maintenance of apartment houses

2 Fact-finding survey report on brand power and competition policy

3 Report of the Study Group on Digital Content and Competition Policy

4 Economic analysis using new market structure indicators: using data on the degree of concentration of production and shipping

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