Japan Designates Qoo10 Operator Under Digital Platform Transparency Law
The designation brings Qoo10 under the same transparency rules already applied to larger Japanese marketplace operators, aimed at protecting sellers from unequal bargaining power.
Reporting from 1 sources: ASCII.jp.
Japan's Ministry of Economy, Trade and Industry designated eBay Japan, which runs the online mall Qoo10, as a regulated business operator under the Act on Improving Transparency and Fairness of Specified Digital Platforms. The designation follows Qoo10's sales meeting the law's threshold. Regulated operators must disclose transaction terms, take steps to improve business relationships, and file annual reports.
The Ministry of Economy, Trade and Industry added eBay Japan, the operator of Qoo10, to the list of regulated businesses under the Act on Improving Transparency and Fairness of Specified Digital Platforms on June 12. The law requires companies that meet certain sales thresholds to disclose transaction conditions, implement measures to promote mutual understanding with sellers, and submit annual reports. Qoo10's sales volume triggered the designation. The act is designed to reduce problems that arise from the power imbalance between online mall operators and the businesses that sell through them.
Synthesized by Yomimono from the 1 cited source below, including Japanese-language reporting where cited, then editorially reviewed before publishing.
Sources
- ASCII.jp Qoo10も規制対象に 経産省、eBay Japanを透明化法で指定