Amazon Japan has submitted a plan to the Japan Fair Trade Commission (JFTC) on how it will improve practices after being suspected of violating anti-trust rules.
The improvement plan includes refunding suppliers who were pressured to pay part of the cost of selling their products at a discount on amazon.com.
If the JFTC approves the plan, the online seller gets exempted from penalties for anti-trust law violations.
The JFTC raided Amazon Japan in 2018 on the suspicion that it demanded “cooperation money” from suppliers.
Amazon Japan had previously been found by the JFTC of requiring suppliers that sell on multiple platforms to list their products on Amazon.com at the same or lower prices.
Amazon Japan agreed to drop the practice that led the regulators in ending the probe in 2017.


American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Washington Post Publisher Will Lewis Steps Down After Layoffs
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 



