How Do Market Institutions Differentiate From Us?

In your book, you compare us market institutions with those of japan. You argue that neither is really a set up of or is neither present in those political economies. But as you pointi out here, they just differ in how markets are governed. Hat: Could you compare a little bit, maybe using a specific a market or market institution? How does this work? Exactly what institutions govern JAPANese markets and how do these differ from us?