In the Emerging Markets Trade/Antitrust Wars discussion forum this week, you discussed the concepts of trust busting. Reach out to your international pen pal and discuss the issue of trust busting in...

Trust busting:
Trust busting is one of the most common which is practised by the government. It is famous in the some of the most advanced economies of the world such as the USA. It is defined as the entire combination of those activities of the government which are used to remove the trust and monopolies within the state. When there is no healthy competition, prices are no longer according to the demand and supply but largely according to the whims of the organisation. In such a case, the price tends to rise exponentially and leads to the exploitation of the employees (Zanettin, 2002).
Trust bursting in Japan:
Japanese are quite against the trust bursting. They have imposed several rules and regulations in order to combat the trust bursting. Since 1974, the first criminal prosecution was imposed where around eight manufacturing belong to the Japan were put under the bar, these manufactures allegedly tried to increase prices. American government seems to be most benefitted in this case. As the results of the trials, Japanese markets have been opened up. The strategy that is being applied is that each one should be in the market and the best one (based on the quality and price) should...