Deregulation in Japan has been caused by both external and internal factors. External factors include requests by the United States and the European Community, where deregulation measures were extensively implemented in order to facilitate these countries' enterprises access into Japan's market. Internal factors include the necessity for the privatization of state or public corporations in order to utilize private initiative to its fullest extent and for the reduction of differences between domestic and international prices.
Competition in Industries Recently Deregulated in Japan,
23 Fordham Int'l L.J. S45
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