As the International Competition Network comes closer to a multi-agency framework for merger review, counsel have been urged by the heads of Canada and Japan’s competition agencies not to prioritise the largest jurisdictions when filing a merger, calling it a very risky strategy. Clare Bolton in Rio de Janeiro.

Japan’s Fair Trade Commission (JFTC) has ordered Adidas to stop fixing the resale price of some of its shoes because the practice breaches antitrust law.

Three of Japan’s largest electronics companies – Sony, Hitachi and Toshiba – are forming a joint venture to combine their small and medium liquid crystal display (LCD) businesses.