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Japan joining EU, US in antitrust war on Big Tech: Report

Japan is the latest country to join the fight against Big Tech companies. The nation's antitrust regulator Fair Trade Commission (FTC) can probe market abuses by Big Tech — a term used to refer to companies like Google, Amazon, Facebook and Apple — reported Reuters. Japan will join the ranks of the US, European Union and even India and China that are looking to address the growing economic clout of the Big Tech. Kazuyuki Furuya, head of the FTC, reportedly said that Japan could open a probe into any merger or business tie-ups, provided the size of the deals is big enough. FTC is likely to look into the acquisition of FitBit for possible monopolistic behaviour by Google. Google's acquisition of the wearables company has been pending since November 2019, when it was first announced. The deal ran into trouble in…

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