How Eight Conglomerates Dominate Japanese Industry — Matt Jancer

“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
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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