Japan’s Fair Trade Commission investigating Softbank

Japan’s Fair Trade Commission investigating Softbank

Japan’s Fair Trade Commission is reported to be now investigating mobile service provider Softbank Mobile Corp. over possible advertising law violations.

The company is making news with their recent series of announcements. They first slashed the prices of their services last week and now they are facing a crisis of resources as too many customers from rival services are trying to switch to their services.

This came after a new rule was made applicable in the country allowing mobile users to keep their numbers while switching the service providers.

Kyodo News said in a report that the FTC is now investigating the content of Softbank’s advertising on suspicion that parts of it may violate advertising laws. No official comment was available from the commission.