Japanese lawmakers from the ruling Liberal Democratic Party (LDP) form a new group to support and promote the trading card industry, which they describe as fast-growing and potentially competitive globally as a content sector. The group includes around 20 MPs and focuses on improving the industry’s operating environment. According to reports, it aims to develop and promote rules to address concerns such as counterfeit trading cards and practices involving large bulk purchases for later resale. The lawmakers also say the effort will work toward greater market transparency, which they argue would help the industry strengthen its footing and expand overseas. The group’s stated objective is to protect legitimate businesses and consumers while enabling the market to grow in an orderly way. Both outlets describe the initiative as an attempt by ruling-party legislators to respond to the emerging scale of the trading card market and to shape conditions that could support international growth. One report cites the market’s value at around US$2.1 billion, though details of the figures and timing of the valuation are not expanded in the brief summaries provided.
Japan’s ruling LDP lawmakers form group to support trading card industry
Japanese lawmakers from the ruling Liberal Democratic Party (LDP) form a new group to support and promote the trading card industry, which they describe as fast-growing and potentially competitive glo...
- Japan’s ruling Liberal Democratic Party lawmakers form a new group to support the trading card industry.
- The group includes about 20 lawmakers.
- The lawmakers seek rules to tackle issues including counterfeit cards.
- They also aim to address bulk purchasing for resale.
- They plan to improve market transparency to support overseas expansion.
Lawmakers from Japan's ruling Liberal Democratic Party have launched a group aimed at promoting the rapidly growing trading card industry, seeing its potential as a globally competitive content…
2 hours agoLawmakers from Japan’s ruling Liberal Democratic Party (LDP) have launched a group aimed at promoting the rapidly growing trading card industry, seeing its potential as a globally competitive content sector. The group, consisting of some 20 lawmakers, is seeking to improve the trading card environment by setting up rules to address issues such as counterfeit cards and bulk purchases for resale. It is also keen to enhance market transparency to support the industry’s overseas expansion. The...
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