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Clifford Chance

Clifford Chance

Briefings

Amendments to the Merger Filing Procedure in Japan

8 April 2011

On 4 March 2011, the Japan Fair Trade Commission (JFTC) announced its intention to amend its implementing regulations and guidelines on merger filings, including the abolishment of the prior consultation system. This change is expected to facilitate M&A transactions in Japan by simplifying and speeding up the merger control (antitrust) review process.

The JFTC has invited comments from the public on these amendments. The JFTC intends to implement the revised system in July 2011. This briefing describes the key features of these amendments.

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