The article is a bit confusing, only the first paragraph is relevant I think. It seems like 22nd refers to last Tuesday and then the article jumps to events that happened a year ago. It might be the translation, I’m just using the built in Firefox one.
In any case, it is the link in the video description.
I’m talking about having us visit the youtube video just to get the article link, while having no information on what’s being discussed or new developments in the post body.
A youtube link alone is essentially just click bait. This kind of comes off as a youtuber trying to bring up his views and not a lemming trying to start a discussion.
You can’t put the article link instead of the generic yahoo.jp? Are you trying to get views or something?
https://news.yahoo.co.jp/articles/b68ac34e65ec99559eb024ed91df59b696d40eed
Administrative sanction on VISA for suspected violation of antitrust law The Public Commission applies the affirmative procedure
On the 22nd, the Japan Fair Trade Commission applied the administrative and affirmative procedures of Visa, an international credit card brand, as a suspected violation of the Antitrust Act (unfair trading method) regarding the terms of business with its partners, with regard to the terms and conditions of transactions with partners. According to the commission, it is the first administrative disposition on a credit card international brand, including the largest in the industry and the largest share (market share) in the country.
[Figure] In 2024, the Public Commission will inspect the VISA Japan corporation
In July 2024, the Public Commission conducted an on-site inspection of a Japanese subsidiary of a visa on suspicion of violating the Antitrust Act. We were also investigating overseas related sites such as U.S. headquarters.
The affirmation procedure is one of the administrative measures that aims to resolve the problem at an early stage by agreement between the Public Commission and the business operator. This month, the Visa submitted a voluntary improvement plan that “commits” the resolution of suspected illegality and reporting the status of its implementation under the supervision of a third party for five years, and the commission recognized it as effective in preventing recurrence.
In line with this, the Public Commission did not recognize the violation of the Antitrust Act of the visa, and postponed more enforceable administrative measures such as exclusion measures orders and surcharge payment orders. Yutaka Yamada
Out of all billionaires, Gaben is the most human. Touching article.