Inoue, Akira

Japanese Antitrust Law Manual: Law, Cases and Interpretation of Japanese Antimonopoly ACT. International Competition Law Series, Volume 27

Japanese antitrust law stems from the virtually verbatim adoption of United States antitrust law during the occupation years following World War II. However, distinctive Japanese elements have emerged with major amendments to the original Japanese Antimonopoly Act (JAA) in 1953, 1977, and 2005, with the result that Japanese antitrust law stands today as a uniquely important body of legislation and case law playing a significant role in international trade.This in-depth commentary by an internationally known practitioner and authority in the field fully details both the substance and procedure of the JAA, with close analyses of all the important cases that have been decided over the years. Among the crucial factors covered are the following: details of the 1953, 1977, and 2005 amendments with their rationales; the special JAA conception of unfair trade practice; judicial interpretations of key terms in the law; interpretation of rules governing resale pricing and sales method restriction; merger regulations and guidelines; role of the Japanese Fair Trade Commission (JFTC); administrative procedure; judicial review; awards; and extraterritorial application of the JAA.Especially valuable is a detailed sample compliance manual anticipating applicable contingencies likely to be encountered by any firm doing business in Japan.