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UNITED STATES MAY USE NEW ACCORD TO CRACK JAPAN'S GLASS MARKET (914).
WASHINGTON, May 6 (Bernama-Kyodo) -- The United States may use its latest antitrust agreement with Japan as a tool to pry open the country's flat glass market.
The accord, reached during Monday's summit between Japanese Prime Minister Keizo Obuchi and United States President Bill Clinton, aims to increase mutual cooperation in implementing fair competition policies.
The pact will be signed by the end of this year and allow either country to ask the other to investigate suspected antitrust practices.
Information-sharing between Japanese and United States antitrust regulators is also to be promoted under the agreement.
At a recent congressional hearing, executives of United States flat glass makers urged the administration to use the pact to improve their operations in Japan.
"It is important for the …
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