This in-depth commentary by an internationally known practitioner and authority in the field fully details both the substance and procedure of the JAA, with close analyses of all the important cases that have been decided over the years. Among the crucial factors covered are the following:
- details of the 1953, 1977, and 2005 amendments with their rationales
- the special JAA conception of "unfair trade practice"
- judicial interpretations of key terms in the law
- interpretation of rules governing resale pricing and sales method restriction
- merger regulations and guidelines
- role of the Japanese Fair Trade Commission (JFTC)
- administrative procedure
- judicial review
- awards
- extraterritorial application of the JAA
Especially valuable is a detailed sample compliance manual anticipating applicable contingencies likely to be encountered by any firm doing business in Japan. An appendix provides English texts of the JAA as amended, as well as important regulatory documents.