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.
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.