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Book Cover
E-book
Author Tilton, Mark, 1956-

Title Restrained trade : cartels in Japan's basic materials industries / Mark Tilton
Published Ithaca, N.Y. : Cornell University Press, 1996

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Description 1 online resource (xii, 220 pages) : illustrations
Contents A Note on Japanese Usage and Pronunciation -- 1. Informal Governance and State Strategic Goals -- 2. Trade Associations and Japanese Antimonopoly Law -- 3. The Aluminum Industry -- 4. The Cement Industry -- 5. The Petrochemical Sector -- 6. The Steel Industry -- 7. Where Does Informal Governance Work?
Summary While Americans enjoy competitive prices for products imported from Japan, Japanese consumers often pay high prices for the same goods. How do Japanese industries manage to export heavily, keep prices high at home, and limit cheap imports into their own markets? Trade associations play a key role in Japan's political economy, Mark Tilton argues. They provide informal market governance that maintains high domestic prices and in some cases directly blocks foreign-made commodities. Tilton profiles the cement, aluminum, steel, and petrochemical industries. He contends that informal producer cartels enjoy considerable legitimacy among and cooperation from downstream users, such as the automotive and electronics industries. Manufacturers accept the high costs and informal import restrictions as a necessary part of the price for maintaining strong domestic suppliers
Restrained Trade provides an original, thorough, and careful basic anatomy of important Japanese market practices: post-sales pricing and price adjustment, industrywide price formulas, refusals to deal, market versus big-buyer prices, and preferences for products from Japanese-owned plants overseas
Bibliography Includes bibliographical references and index
Notes Print version record
SUBJECT Honʼyaku iin shachū Japan gnd
Subject Cartels -- Japan
Industrial policy -- Japan
BUSINESS & ECONOMICS -- Industries -- General.
POLITICAL SCIENCE -- Political Economy.
Cartels.
Rohstoffwirtschaft
Kartell
Commerce.
Industrial policy.
Industriepolitiek.
Kartels.
Grundstoffindustrie
Geschichte 1930-1996.
SUBJECT Japan -- Commerce
Subject Japan.
Japan
Form Electronic book
ISBN 9781501717512
1501717510