Apologies for YouTuber link - as some of the sources cited are in Japanese, it’s harder to get to a direct English source. The video description includes links to the Yahoo.jp article.
You can’t put the article link instead of the generic yahoo.jp? Are you trying to get views or something?
https://news.yahoo.co.jp/articles/b68ac34e65ec99559eb024ed91df59b696d40eed
Administrative sanction on VISA for suspected violation of antitrust law The Public Commission applies the affirmative procedure
On the 22nd, the Japan Fair Trade Commission applied the administrative and affirmative procedures of Visa, an international credit card brand, as a suspected violation of the Antitrust Act (unfair trading method) regarding the terms of business with its partners, with regard to the terms and conditions of transactions with partners. According to the commission, it is the first administrative disposition on a credit card international brand, including the largest in the industry and the largest share (market share) in the country.
[Figure] In 2024, the Public Commission will inspect the VISA Japan corporation
In July 2024, the Public Commission conducted an on-site inspection of a Japanese subsidiary of a visa on suspicion of violating the Antitrust Act. We were also investigating overseas related sites such as U.S. headquarters.
The affirmation procedure is one of the administrative measures that aims to resolve the problem at an early stage by agreement between the Public Commission and the business operator. This month, the Visa submitted a voluntary improvement plan that “commits” the resolution of suspected illegality and reporting the status of its implementation under the supervision of a third party for five years, and the commission recognized it as effective in preventing recurrence.
In line with this, the Public Commission did not recognize the violation of the Antitrust Act of the visa, and postponed more enforceable administrative measures such as exclusion measures orders and surcharge payment orders. Yutaka Yamada
Thanks. There’s no way I’m clicking a Youtube link to read an article.
Know auto-play id disabled (as it should be)
Open the link
Open the links (OP said they are linked in the description)
Be done.Quite easy to solve?
See Youtube link
Move on with my lifeAlso easy to solve
I would add “downvote posts with no useful content” to that. (Report if you know the community has had the sense to forbid that kind of posts.) That does seem to cause some people to flip out, though.
I only linked to the YouTuber summary because the article was in Japanese. Certainly it’s the better source if you can read it.
Sounds like this has nothing to do with recent events?
The article is a bit confusing, only the first paragraph is relevant I think. It seems like 22nd refers to last Tuesday and then the article jumps to events that happened a year ago. It might be the translation, I’m just using the built in Firefox one.
In any case, it is the link in the video description.
Hepl yes, based japan, defenders of freedom?
That felt totally normal to say.
How is Japan anti-censorship? What a time to be alive
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I don’t think they are. Protectionist and interested in their exports, seem more likely.
While this is probably true. I don’t think it’s a stretch to say countries like Japan and South Korea are probably better at democracy than the “west” atp
This is a country that has porn mags being sold in convenience stores and plenty of stores where you can find content for all sorts of fetishes both online and offline. They also have 2 huge indie artist markets every year where at least 50% of the content being sold is porn. Each event gets about 300k people. Only thing I can think of regarding censorship here are the mosaics and those are only really there due to a very old law that no lawmakers are gonna bother with expending political capital to reverse.
Seriously. I was so surpeiced when I learned that porn in Japan is serialized and you only need to know the serial number of a porn to find the exact one piece you are looking for.
Porn is serious business man
The video makes mention of a change.org petition calling on Visa, Mastercard and the like to ignore that sect trying to create moral outrage. I know Change.org petitions are pretty worthless, but this one already has over 100k signatures: https://www.change.org/p/tell-mastercard-visa-activist-groups-stop-controlling-what-we-can-watch-read-or-play/
To this day, I don’t understand why Visa or MasterCard (or even a “physical” or even virtual card) are necessary. If the banks can’t create a global, shared way of processing payments, then the governments should step in and do it for them.
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Kick their ass Japan! Don’t go easy on them, make them stop their bullshit INTERNATIONALLY if they want their sanctions removed!
This reads like a joke. :)
Payment processors setting up an economy where they control what you can and can’t pay for, so funny, good joke
time to move back to cash
Shit like this is why people need to knock it off with the “iT’s A sCaM” bullshit and embrace crypto. This is the exact kind of issue that using cryptocurrency prevents.
We need to federate money and put it back in the hands of the people. You would think that Lemmy would be into that idea, but instead y’all act like crypto killed your dog and fucked your wife. I don’t get it.
(And before you use the waste of electricity argument, remember that proof of stake is a thing.)
Edit: Well this went exactly how I expected. Just nothing but ignorant downvotes. Not even a single attempt at a decent counter-argument. You people and your hive mentality suck.
That said, shoutout to you, Danny. You get it.
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