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Summary:
The Japan Fair Trade Commission (JFTC) released a report on March 25, 2019, on the deterioration of market competition in the Japanese retail industry. The report highlights concerns about the concentration of business power among a few large retailers, which hinders competition and harms consumers. To address this issue, the JFTC recommends measures to promote fair competition, including prohibiting unfair business practices and encouraging smaller retailers to participate in the market.
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