The Japanese bureaucracy informally influences industries and firms through a practice known as

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Administrative guidance is a practice used by the Japanese bureaucracy to informally influence industries and firms. Through this practice, the government provides guidance on issues such as pricing, production, and investment decisions. This guidance is not legally binding, but is often followed by firms in order to maintain good relationships with the government and to avoid negative consequences such as decreased access to funding or licensing.

The Japanese Bureaucracy Informally Influences Industries and Firms Through a Practice