The United States expressed concern that the planned revisions to the Antimonopoly Law lifting the ban on holding companies might lead to a strengthening of “keiretsu” relationships among Japanese firms, according to documents released Sept. 19.

The comments were made in response to the U.S. Fair Trade Commission’s call for opinions from the public and concerned parties before it finalizes guidelines for interpretations of the revised law by December. The U.S. urged that the commission’s ability to prevent or correct anticompetitive corporate groups be raised, the possibility of firms circumventing the Antimonopoly Law be minimized and that maximum transparency be offered in the notification and review process for holding companies.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.