JAPAN’S RULING PARTY MPS FORM GROUP TO PROTECT US$2.1 BILLION TRADING CARD MARKET

Lawmakers 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.

News - South China Morning Post reports that lawmakers 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 report adds: 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.

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