Japan antitrust watchdog to set up new section to regulate IT giants

Japan's antitrust watchdog plans to set up a new section to regulate and investigate tech giants amid accusations they use their dominant position in the smartphone app market to hinder fair competition, sources close to the matter said Wednesday.The Japan Fair Trade Commission's new section will be set up next April at the earliest with around 50 officials, the sources said. It will also strengthen cooperation with foreign counterparts to monitor IT giants such as Google LLC and Apple Inc., which provide the Android and iOS smartphone operating systems, respectively.The organizational reva…READ FULL ARTICLE