Japan's Antitrust Policy: Impact on Import Competition
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Description
The thesis of this chapter is that the failure of Japan's Fair Trade Commission to more vigorously enforce Japan's Antimonopoly Act has adversely affected the ability of imports to compete effectively in Japan. This policy of inaction is government policy. Just like tariffs or targeting, it deserves the attention of those interested in opening Japan's markets to U.S. firms as fully as U.S. markets are open to Japanese firms. This chapter is divided into four parts. The first part presents background information about Japan's Antimonopoly Act and the position of an antitrust system in Japan's economy. The second focuses on the most obvious area in which antitrust enforcement has not been adequate—the joint refusal of domestic Japanese firms to deal with imports. The third touches on some other areas in which more vigorous Fair Trade Commission (FTC) activity could increase import competition. The chapter concludes with two suggestions for bringing about changes in Antimonopoly Act enforcement.
Source Publication
Fragile Interdependence: Economic Issues in U.S.-Japanese Trade and Investment
Source Editors/Authors
Thomas A. Pugel, Robert G. Hawkins
Publication Date
1986
Recommended Citation
First, Harry, "Japan's Antitrust Policy: Impact on Import Competition" (1986). Faculty Chapters. 625.
https://gretchen.law.nyu.edu/fac-chapt/625
