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.
Can you elaborate? As someone living in Japan for over 15 years, I’m not sure what you mean? Are you implying we welcomed cartels in the past?
More oligopolies than cartels, but zaibatsu are a common stereotype as something culturally normal for Japan, yes.
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.