Wildy logo
(020) 7242 5778

Wildy’s Book News

Book News cover photo

Vol 21 No 9 Sept/Oct 2016

Book of the Month

Cover of Goode on Commercial Law

Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

Pupillage & Student Offers

Special Discounts for Pupils, Newly Called & Students

Read More ...

Secondhand & Out of Print

Browse Secondhand Online


Cooperative Capitalism

Image not available lge

ISBN13: 9780198297185
ISBN: 0198297181
Published: June 2000
Publisher: Oxford University Press
Format: Hardback
Price: £137.50

The Japanese government is becoming less involved in shaping industrial policy - but what does this imply for the openness of Japanese markets to foreign competition?;In an extensive study of ""post-development"" Japan, Ulrike Schaede argues that, contrary to what many have suggested, the reduced role of government regulation may not result in more open markets. Instead, as has happened throughout Japanese history, deregulation and the recession of the 1990s have once again led Japanese trade associations to assume important regulatory functions of their own. They do this through ""self-regulation"" - setting and enforcing the rules of trade for their industries, independent from the government. As a result, many Japanese markets are now effectively governed by incumbent firms, in particular in terms of structuring the distribution system. As the record of post-war antitrust enforcement reveals, Japan's antitrust system considers most activities of self-regulation, other than outright price-fixing, as legal.

Image not available lge
1. Introduction; 2. Japanese Trade Associations; 3. Antitrust Policy and Industrial Policy in the Postwar Period; 4. Self-Regulation and the Antimonopoly Law; 5. The Evidence: Antitrust Enforcement and Self-Regulation in Postwar Japan; 6. Data Analysis: Trade Associations and Self-Regulation; 7. The Historical Development of Self-Regulation in Japan's Trade Associations; 8. The Implications