KDDI, Softbank and Rakuten Mobile Reiterate Opposition to NTT Law Repeal, Say Unfair Competition May Result
![](https://japannews.yomiuri.co.jp/wp-content/uploads/2023/08/NTT-east-1200.jpg)
NTT East Corp. building
20:41 JST, November 14, 2023
KDDI, SoftBank and Rakuten Mobile oppose the repeal of the law regulating the NTT Group, the three telecom companies reiterated Tuesday.
However, if the law were to be merely revised rather than abolished, they would view that positively, they said in a joint press release.
The NTT Group has argued that regulations should be integrated into the Telecommunications Business Law, which sets competition rules for the industry.
But the three countered that regulations under that law alone would be ineffective due to possible regulatory evasion and unfair competition.
The NTT law effectively prohibits the merger of NTT East and West with NTT Docomo, and restricts the range of business that group companies may engage in.
"Business" POPULAR ARTICLE
-
Aviation Fuel Shortage Causes Problems at Regional Airports; Growing Demand, Lack of Workers to Transport
-
Prices of over 10,000 Food and Beverage Items to Rise This Year; Figure is down from over 30,000 Last Year
-
Sony Group to End Production of Blu-ray Discs; Market Has Shrunk Due To Growth Of Hard Disk Drives, Streaming
-
AI-Equipped Energy Efficient Air Conditioners Grow In Popularity; Some Can Guess Users’ Moods, Automatically Adjust Temperature
-
Toyota to Introduce 4-Day Workweek for Some Employees; Company Hopes More Flexible Schedules Will Boost Worker Motivation
JN ACCESS RANKING