Anti-Monopoly Law watered down
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- Princes of the Yen whole source · open book
By 1953, just a year after the departure of the U.S. occupation, the Anti-Monopoly Law had already been drastically watered down. Restrictions on stock retention, interlocking directorships, and mergers were relaxed, depression and rationalization cartels allowed.
chapter: 3. Winning the Peace: An Economy at War
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- Richard Werner author of the source