private regulation; min-min kisei; deals between companies restricting competition
A term used in Japanese competition law and policy discussions, referring to agreements or practices among private companies that restrict competition, as opposed to government-imposed regulation.
The Fair Trade Commission has begun an investigation into the actual state of private regulation.
Private regulation is rampant in this industry.
競争制限 is a broader term for restriction of competition, while 民民規制 specifically denotes such restrictions arising from private agreements.
Standard kanji form for this compound term.
Variant using the iteration mark 々; less common but still used.
Compound of 民 (private, citizen) reduplicated and 規制 (regulation). The exact origin is uncertain, but it likely emerged in Japanese legal and economic discourse to describe private-sector restraints on competition.