The Japan Fair Trade Commission
14:02 JST, October 23, 2023
The Japan Fair Trade Commission (JFTC) has begun recruiting talent from major IT corporations.
As regulations imposed upon IT giants continue to tighten, some such companies have been hiring bureaucrats from central government agencies to bolster their “defensive” know-how. The JFTC is now aiming to counter this trend by acquiring individuals well-acquainted with the inner workings of the IT titans.
In an unprecedented industry-specific recruitment drive, the JFTC began tapping potential recruits this month, targeting individuals with over four years of practical experience at major IT companies or their trading partners.
The JFTC initially plans to hire a single individual with experience in government negotiations in hopes that that person’s knowledge can help sway regulations in its favor. After being hired, the employee in question will primarily be expected to help negotiate various terms with the IT giants.
At Japanese subsidiaries of major IT companies, including Alphabet Inc.’s Google and Apple Inc., key personnel that handle government negotiations currently hail from the Economy, Trade and Industry Ministry, the Internal Affairs and Communications Ministry, or the JFTC itself.
Such former bureaucrats, who are experienced in agency operations and political mediations, play a pivotal role in liaising with the government. The JFTC intends to strategically integrate such human resources to improve its sway during negotiations.
Employment terms will, in principle, be initially set at two years, but may be extended up to five years.
Though salary levels for such positions are equivalent to those of JFTC staff, one executive said, “A certain number of young professionals are keen to gain government-related work experience.”
"Politics" POPULAR ARTICLE
-
Japan to Support Central Asian Logistics Route That Bypasses Russia, Plan to Be Part of Upcoming Summit in Tokyo
-
Japan to Tighten Screening of Foreigners’ Residential Status by Providing Information of Nonpayment of Taxes
-
Takaichi Cabinet Approval Holds at 72% as Voters Back Aggressive Fiscal Stimulus, Child Benefits
-
Chinese, Russian Bombers Flew Unusual Path by Heading Toward Tokyo; Move Likely Meant to Intimidate Japan
-
Takaichi Meets Many World Leaders at G20 Debut in Johannesburg; Speaks with Heads of Countries Including Italy, U.K., Germany, India
JN ACCESS RANKING
-
Keidanren Chairman Yoshinobu Tsutsui Visits Kashiwazaki-Kariwa Nuclear Power Plant; Inspects New Emergency Safety System
-
Imports of Rare Earths from China Facing Delays, May Be Caused by Deterioration of Japan-China Relations
-
University of Tokyo Professor Discusses Japanese Economic Security in Interview Ahead of Forum
-
Japan Pulls out of Vietnam Nuclear Project, Complicating Hanoi’s Power Plans
-
Govt Aims to Expand NISA Program Lineup, Abolish Age Restriction

