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[08PacRimLPolyJ261] The 1997 Deregulation of Japan's Holding Companies

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dc.contributor.author Thorson, Andrew H.
dc.contributor.author Siegfanz, Frank
dc.date.accessioned 2011-02-16T16:59:44Z
dc.date.available 2011-02-16T16:59:44Z
dc.date.issued 1999-03
dc.identifier.citation 8 Pac. Rim L. & Pol'y J. 261 (1999) en_US
dc.identifier.issn 1066-8632
dc.identifier.uri http://hdl.handle.net/1773.1/834
dc.description.abstract Andrew H. Thorson is an Attorney-at-Law, Michigan and California; LL.M., Kyoto University; J.D., Boston University School of Law; B.A., Michigan State University (James Madison College). Member of the Editorial Board of Doing Business In Japan (MB). Frank Siegfanz is a Doctoral Candidate, University of Hanover; LL.M., Sophia University; Attomey-at-Law in Hanover (1993); Rechtsreferendar [Assistant Judge] State of Lower Saxony (Germany) Second State-Exam (1993); University of Hanover (Germany) First State-Exam (1989). Abstract: In 1947, Japan enacted the Act Concerning Prohibition of Monopolization and Maintenance of Fair Trade ("AMA"), known to some as the "Economic Constitution of Japan" because of its fundamental role in structuring Japan's economy. Among the most profound legislative provisions the 1947 AMA introduced to Japanese economic law are an absolute prohibition on pure holding companies and strict regulations upon stockholding by certain other types of companies. The legislature established these provisions as part of a plan to de-concentrate excessive economic power then wielded in the Japanese economy by large integrated enterprise complexes known as the zaibatsu. Fifty years later, in 1997, Japan enacted the Act for Partial Amendment of the AMA which eliminated the absolute prohibition on pure holding companies and relaxed regulations on stockholding by other types of companies. This Article discusses the 1997 AMA revisions and explores their historic legal, political, and economic significance, all of which have been a topic of great notoriety in Japan but thus far have received little comment from legal scholars in other nations. en_US
dc.language.iso en_US en_US
dc.publisher Seattle: Pacific Rim Law & Policy Journal, University of Washington School of Law en_US
dc.subject Article en_US
dc.title [08PacRimLPolyJ261] The 1997 Deregulation of Japan's Holding Companies en_US
dc.type Article en_US
dc.rights.holder Copyright 1999 by Pacific Rim Law & Policy Association en_US


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