uploaded on 2019-11-2819: 30 EST by Jennifer Sherman.
JFTC says such agreements are “misuse of an exceptional placement”
The Japan Fair Trade Commission (JFTC) announced on Wednesday that it has wrapped up that skill agency agreements that restrict former customers from doing for a set period after their contracts expire are an offense of Japan’s Antitrust Act. The group identified that when talent companies utilize their settings of power in this way in agreements, it creates what the Antitrust Act refers to as “misuse of a superior position.”.
Such agreements were formerly allowed in a minimal range, however they will certainly currently be forbidden. The JFTC is notifying talent agencies with sector organizations.
The JFTC figured out that such agreements unjustly restrict performance tasks, preventing competition among firms and entertainers. Advocates of the modification believe that evaluating agreements may boost the therapy of entertainers, increase the number of entertainers changing agencies, and advertise manufacturing of works a lot more appealing to fans.