Japan's Fair Trade Commission has issued exclusionary orders to six railways companies including JR East. The well-known companies are being reprimanded for anti-competitive practices, allegedly collaborating to exclude new players from the railway industry. The authorities are vigilantly working to ensure fair competition, warning of severe penalties for any corporation that undermines the policy. The timeline for the necessary compliance measures remains undisclosed.
Railway services are one of Japan's major modes of public transportation. Any action against them sparks significant public interest due to the implications for daily commuting and business logistics. Social values emphasize fair competition and compliance with administrative law, which are showcased here by the Fair Trade Commission's assertive action.
In the US or EU, anti-trust laws are similarly strictly enforced. Any semblance of anti-competitive behavior is rigorously examined and acted upon. This situation reveals a commonality in global economic policy where market competition is considered vital for healthy economic growth and consumer welfare.