Law and Economics in Japanese Competition Policy

This book demonstrates how economics is used in cases of competition in Japan. Competition between firms is usually the most effective way of allocating economic resources and achieving consumer and producer welfare. At the same time, a balance must be st

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Law and Economics in Japanese Competition Policy

Law and Economics in Japanese Competition Policy

Koki Arai

Law and Economics in Japanese Competition Policy

123

Koki Arai Faculty of Management and Administration Shumei University Yachiyo, Chiba, Japan

ISBN 978-981-13-8187-4 ISBN 978-981-13-8188-1 https://doi.org/10.1007/978-981-13-8188-1

(eBook)

© Springer Nature Singapore Pte Ltd. 2019, corrected publication 2019 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Singapore Pte Ltd. The registered company address is: 152 Beach Road, #21-01/04 Gateway East, Singapore 189721, Singapore

Acknowledgements

This book is the product of many discussions, conversations, and exchange of views with so many people. However, I received an astounding number of intellectual suggestions for writing this book. Therefore, I unfortunately cannot list all the people here. Some of the chapters in this book were written with the effort of co-authors. I am indebted to Stephen Harris, Emi Morimoto, Hirosh Kitamura, Misato Sato, and Sayako Takizawa, at the time of writing each paper. I wish to thank them for revising and updating our papers and for agreeing to include such works in this book. From the bottom of my heart, I want to thank Akiko Hasegawa, Shuya Hayashi, Makoto Ikeya, Toshifumi Kuroda, Noriaki Matsushima and Naoki Ohkubo for regularly exchanging views with me on the debate on Japanese Antimonopoly Law and competition policy, each of whose discussions helped in formulating this book. In addition, I would like to thank Koki Kawashima, President and Chairman of Shumei University, where I belong, and all of my colleagues at the Faculty of Management and Administration. I am also grateful to my colleagues and friends at the Japanese Fair Trade Commission and Osaka University, which I used to be