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A Study Group for Ideal Approaches to Competition Policies for the Fourth Industrial Revolution Compiles a Report

The Ministry of Economy, Trade and Industry (METI) aims to create a new type of industrial society called “Connected Industries,” as a policy concept through which a variety of industries are connected and create new added value. To achieve this goal, METI established a Study Group for Ideal Approaches to Competition Policies for the Fourth Industrial Revolution (chair: Mr. Hiroshi Ohashi, professor, Graduate School of Economics, Faculty of Economics, University of Tokyo) in January 2017. Since then, the study group held seven meetings until June 2017 to discuss ideal approaches to competition policies for encouraging businesses to utilize data, from the perspectives of developing competitive environments and promoting innovations. METI hereby announces that the study group compiled the discussion results into a report.

1. Background

Data have been attracting people’s attention as a source of value in business, while stakeholders in business inside and outside Japan have been increasing their interest in competition policies for utilization of data.

Meanwhile, from the perspective of achieving the Connected Industries, fair competition should not be obstructed, and also considers it undesirable for businesses to hesitate to embark on utilization of data due to apprehension for the impact that they may make on related competitive environments. To address this situation, METI established a Study Group for Ideal Approaches to Competition Policies for the Fourth Industrial Revolution in January 2016, and since then, the study group has been discussing ideal approaches to competition policies for utilization of data.

2. Details of the report

See Appendix 1 for the summary of the report, and Appendix 2 for the full text thereof.*
*The English version of the Appendix 1 and Appendix 2 will be posted soon.

3. Future directions

Based on the discussion results of the study group meetings, METI will strive to further exchange views with experts, industrial players and other stakeholders, encourage businesses to utilize data, and promote innovations. From these perspectives, METI will continue to engage in the enhancement of competitive environments.

Appendix

Release date

June 28, 2017

Division in Charge

Competition Enhancement Office, Economic and Industrial Policy Bureau

Ministry of Economy, Trade and Industry1-3-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-8901, Japan Tel: +81-(0)3-3501-1511
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