Forging Alliances to Bust Into the Japanese Market

Abstract:

Congress and the Bush Administration have criticized Japanese businesses for strategic alliances, even as American firms are seeking such arrangements to improve their competitiveness and access to foreign markets. American policy makers, rather than criticizing Japan, should work to reform U.S. antitrust laws so that all American companies will have the option of improving their competitiveness and access to Japanese technologies and markets through strategic alliances, without the threat of legal retaliation.