What Has Been the Effect of the Large-Scale Retail Store

What has been the effect of the Large-Scale Retail Store Location Act in Japan?

A) No large stores (5,382 feet or 500 square meters) are allowed in Japan.
B) Large stores,by way of encouragement of this act,are replacing small retail stores in Japan.
C) Negotiations to pry open new markets for American companies have resulted in relaxation of many of the onerous restrictions on large retailers.
D) It has allowed only Japanese-owned conglomerates to own large stores.
E) Approval for new stores now takes several years even as long as 10 years.