Watch: This Is The Moment Senator Cantwell Asks About Sony’s “Monopolistic Behavior”
One month ago, we reported on Democratic senator Maria Cantwell asking U.S. Trade Representative Katherine Tai about Sony’s business practices. While we reported this under the context of Sony unwittingly drawing attention to themselves, we didn’t actually see video of the hearing, until now.
As shared by PostUp_SOG, here’s the clip of Senator Cantwell asking Representative Tai, as well as Representative Tai’s response. This happened one month ago, during the Senate Finance Committee Hearing about Biden’s Trade Policy Agenda.
US Trade Rep Katherine Tai testifies on Bidens Trade Policy Agenda before the Senate Finance Committee.Sen. Cantwell:“If they were blocking access that would be of great concern” I’m saying they are but if you are looking in to it I want to make sure you view this as a… pic.twitter.com/0rYDtPhiBi
While we are sharing the clip here, you can also read a transcript of the exchange below. We have also edited it for clarity.
“Cantwell: I’m told that Sony controls a monopoly of 98% of the high-end game market, yet Japan’s government has allowed Sony to engage in blatant anti-competitive conduct through exclusive deals and payments to game publishers, establishing games that are among the most popular in Japan, not to distribute the games on other platforms.
And so, Japan’s FTC has failed to investigate this exclusionary conduct. So, what do you think we can do to address these issues and create a level playing field with the IPEF (Indo-Pacific Economic Framework) on something as important as this issue.
Tai: Senator Cantwell, the Indo-Pacific Economic Framework provides us with a lot of opportunities. I think you are absolutely right that the countries we are engaging with right now are all focused on
Read more on gameranx.com
