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Japan will see at least three cross-industry mergers explicitly invoke "supply-chain resilience" or decarbonisation grounds for antitrust clearance within 12 months.
Made
6 Aug 2026
By
David Lee
Market
Japan
Outcome
Unresolved
Japan's Fair Trade Commission has just revised its merger guidelines for the first time in seven years to formally recognise these factors as pro-competitive "efficiencies," an unprecedented opening that dealmakers across steel, chemicals, materials and energy are expected to move quickly to test.
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