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How Eight Conglomerates Dominate Japanese Industry — Matt Jancer

Summary:
“Chaebols”, large business groups controlled by founder families, are usually considered a crucial ingredient of South Korea’s economic miracle. But after a process of consolidation, big chaebol firms such as Hyundai established exclusive supply chains with suppliers of parts and components and began to engage in price squeezing and intellectual property extortion in bargaining with its suppliers.... ProMarket — The blog of the Stigler Center at the University of Chicago Booth School of BusinessThe Darkest Side of Monopsony: The South Korean CaseSangin Park See also Each keiretsu can have as many as 30 sub-companies—from breweries to camera and auto makers.… Smithsonian MagazineHow Eight Conglomerates Dominate Japanese Industry Matt Jancer

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“Chaebols”, large business groups controlled by founder families, are usually considered a crucial ingredient of South Korea’s economic miracle. But after a process of consolidation, big chaebol firms such as Hyundai established exclusive supply chains with suppliers of parts and components and began to engage in price squeezing and intellectual property extortion in bargaining with its suppliers....

ProMarket — The blog of the Stigler Center at the University of Chicago Booth School of Business
The Darkest Side of Monopsony: The South Korean Case
Sangin Park

See also

Each keiretsu can have as many as 30 sub-companies—from breweries to camera and auto makers.…

Smithsonian Magazine
How Eight Conglomerates Dominate Japanese Industry
Matt Jancer
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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