Re:Amazon's Japanese headquarters raided by nation's regulator
by cc439 on Thursday March 15, 2018 @02:11PM
(#16595196)
While that specific application of that strategy is illegal in the US, manufacturers get around it by setting a MAP (Minimum Advertised Price) limit with their distributors. The most common example of this being used in practice is when you see an item on Amazon or Newegg with the price listed as "See Price in Cart". It's obviously easy to work around that legal loophole as a consumer (it's just 1-2 more clicks) but it's much harder for corporate customers who typically have to solicit a quote or multiple competitive quotes before making any significant purchase.
Without ascribing too much to history, the postwar Japanese economy has a history of accepting some inefficiency if it helps the community, and distrust of large, monopolistic corporations -- cf. the collective memory of the zaibatsus, which were dismantled after the war.