you are viewing a single comment's thread
view the rest of the comments
[–] 2 points 2 months ago (1 child)

More oligopolies than cartels, but zaibatsu are a common stereotype as something culturally normal for Japan, yes.

  • source
  • parent
  • hideshow 1 child comment
  • [–] 1 point 2 months ago

    Yeah but I didn't think price controlling was that big of a deal because it was always a race to the bottom hence the deflation. They even tried to break up the mobile phone prices by introducing more mvnos. But you're right; now that you mention it, zaibatsu and mega holdings are pretty common in Japan and people don't seem to know or care.

  • source
  • parent