Description

Investigation opened into Z Holdings' proposed acquisition of LINE Corporation

On 14 July 2020, the Japan Fair Trade Commission (JFTC) opened an investigation into Z Holdings' proposed acquisition of Line Corporation, a developer of mobile applications. This follows a notification by the parties regarding the acquisition of shares. Holdings, the parent company of Yahoo Japan and PayPay is part of the SoftBank group, while LINE belongs to the NAVER group. The acquisition, thus, involves the integration of two significant digital platform providers in Japan.

Original source

Scope

Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
executive
Government Body
competition authority

Complete timeline of this policy change

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2020-07-14
under deliberation

On 14 July 2020, the Japan Fair Trade Commission (JFTC) opened an investigation into Z Holdings' pr…

2020-08-04
concluded

On 4 August 2020, the Japan Fair Trade Commission (JFTC) cleared Z Holdings' proposed acquisition o…

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