Mitsubishi Chemical has agreed with Tokai Carbon.
Mitsubishi Mitsubishi: see zaibatsu. Chemical has agreed with Tokai Carbon to revoke To annul or make void by recalling or taking back; to cancel, rescind, repeal, or reverse.
revoke v. to annul or cancel an act, particularly a statement, document, or promise, as if it no longer existed. their
tie-up agreement in the carbon black business as a result of the
Japanese Fair Trade Commission's suggestion that the alliance could
become anticompetitive an·ti·com·pet·i·tive
adj.
That discourages competition among businesses: anticompetitive foreign trade restrictions. .
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