Antitrust enforcement by Japan's Fair Trade Commission has intensified in recent years and has also been accompanied by a further strengthening of antitrust law and regulations, with more cases being reported in which high penalties have been imposed on companies. In addition, there is an increasing number of countries and jurisdictions worldwide where strict enforcement of competition law is taking place, and it has thus become essential to conduct international transactions based upon an understanding of the rules and regulations of international competition law. Our firm has a great deal of expertise and experience in dealing with matters of international and domestic competition law (including Japan's Act Against Delay in Payment of Subcontract Proceeds to Subcontractors, and Act against Unjustifiable Premiums and Misleading Representations), providing advice regarding investigations conducted by Japan's Fair Trade Commission and Consumer Affairs Agency, conducting internal investigations as well as providing representation with respect to leniency applications, and providing advice regarding investigations and notification procedures in order to obtain clearance in connection with M&A transactions. Through our understanding of regulatory authorities' viewpoints and thinking, as well as effective communications with officers, our firm's attorneys, including attorneys with previous work experience at Japan's Fair Trade Commission, are able to provide professional and trustworthy advice for smoothly obtaining antitrust clearance and dealing appropriately with investigations conducted by regulatory authorities.
In addition, we anticipate that the number of cases involving civil disputes based on antitrust claims will increase in the future, and our attorneys remain ready and able to assist our clients with respect thereto.