Japan : Law and practice of merger control

The Japanese merger control is a model of transparency and completeness, equaling Western standards. However, this situation is very recent, as its history has been influenced by more than fifty years of turmoil of Japan’s economic policy. Its main advantages are the simplicity of its legal framework, the depth of the analyses of the proposed mergers and the recent efforts made in terms of transparency and celerity of its procedure.

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. 1. While Japanese economic policy has been much talked about since Shinzo Abe became Prime Minister, particularly because of his famous Abenomics, one of the instruments of this economic policy, namely merger control, is quietly pursuing its modernization, between international harmonization and protection of the Japanese market. 2. Japanese merger [1]control has a long history in the history of competition law, as it stems from the Japanese Antimonopoly Law (dokusen kinshi hô) of 14 April 1947 [2](hereinafter AML). It is the second to have been created after the US merger control law. This control was mainly the work of the post-war [3]US Provisional

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Michael Tiralongo, Japan : Law and practice of merger control, May 2014, Concurrences N° 2-2014, Art. N° 65209, pp. 228-236

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