Tag - bid-rigging

 
 

BID RIGGING

BUSINESS / Companies
Aug 7, 2019
Japan's FTC demands action from four big contractors who keep cropping up in antitrust cases
The apparently unprecedented move by the FTC followed a spate of antitrust violations by companies linked to the four u2014 Obayashi Corp., Kajima Corp., Taisei Corp. and Shimizu Corp.
Japan Times
BUSINESS / Companies
Jan 18, 2019
Two contractors for Tokyo-Osaka maglev rail project ordered to partly halt business over bid-rigging
The transport ministry ordered two major contractors on Friday to temporarily suspend part of their business operations after they were fined last year by a Tokyo court for rigging bids for construction work on the Tokyo-Osaka maglev train project.
JAPAN / Crime & Legal
Oct 23, 2018
Court fines two contractors for maglev project bid-rigging
The Tokyo District Court has fined two major contractors for taking part in bid-rigging in connection with construction work for the Tokyo-Osaka maglev train project.
Japan Times
JAPAN / Politics
Oct 19, 2018
LDP Toyama chapter led by minister gets donation from bid-rigging firm, will return funds
A ruling Liberal Democratic Party chapter headed by Mitsuhiro Miyakoshi, state minister in charge of Okinawa and Northern Territories affairs, received political donations from a company involved in bid-rigging, data from the political funds reports of the chapter showed Thursday.
Japan Times
JAPAN / Crime & Legal
Mar 3, 2018
Arrested former Taisei exec denies maglev bid-rigging allegations
The former director says he was not in a position to engage in price-fixing even though he spent more than 10 years dealing with the maglev project.
Japan Times
BUSINESS / Companies
Jan 23, 2018
Obayashi president to step down 'to renew the top management' at scandal-tainted firm
Obayashi Corp., one of the country's four largest general contractors, said Tuesday that its president, Toru Shiraishi, will step down in a bid to shake up management as the firm faces allegations of bid-rigging involving construction related to the ¥9 trillion maglev rail project.
Japan Times
JAPAN / Crime & Legal
Jan 17, 2018
Contractors claim no illegality in their maglev train bidding and will not seek leniency deal
Three major construction companies being investigated for suspected bid rigging on a magnetically levitated train line project claim they did not engage in any illegal behavior and do not plan to seek leniency in exchange for admitting to the allegation, sources familiar with the matter said Tuesday.
JAPAN / Crime & Legal
Apr 5, 2017
FTC uncovers ties between farm ministry and suspected bid-riggers connected to 3/11 recovery
Former farm ministry officials were found to have landed jobs in firms suspected of involvement in bid-rigging cases connected to government soil cleaning projects in the disaster-hit Tohoku region, sources familiar with the matter say.
BUSINESS
Mar 1, 2016
Kuraray, Unitika raided over alleged bid-rigging for SDF uniforms
The government's antitrust watchdog on Tuesday conducted on-site inspections of major textile and clothing makers Kuraray Co. and Unitika Ltd. following allegations the companies rigged bids to produce combat fatigues and other uniforms for the Self-Defense Forces.
BUSINESS
Jan 28, 2015
Major paving firms allegedly rigged bids for 3/11 projects
The Fair Trade Commission has searched the offices of 13 major road-paving firms on suspicion they violated the anti-monopoly law by rigging their bids for projects to repair expressways damaged by the March 2011 earthquake and tsunami in the Tohoku region.
Japan Times
BUSINESS
Aug 25, 2014
Regulators' sweep threatens auto parts business model
When a Japanese carmaker issued a tender for shock absorbers a few years ago for a model it planned to sell in Indonesia, two suppliers came back with bids that were "so obviously coordinated," said an executive at the automaker.
Japan Times
JAPAN
Mar 4, 2014
Railway agency officials face bid rigging charges
Prosecutors plan to build a case against senior officials of a government-backed railway construction agency over alleged bid rigging in connection with projects for the Hokuriku bullet train line, sources said Tuesday.
JAPAN
Feb 4, 2014
Hokuriku rail line bid-rigging spurs raids
Investigators on Tuesday raided the Japan Railway Construction, Transport and Technology Agency as well as two private firms over alleged bid-rigging for snow-melting equipment on the Hokuriku Shinkansen Line, investigative sources said.
BUSINESS
Dec 21, 2013
Watchdog hands out bid-fixing penalties
The Fair Trade Commission said it slapped around ¥740 million in fines on 36 companies, including one in the Tokyo Electric Power Co. group, for fixing bids related to power line construction.
Japan Times
JAPAN / EXPLAINER
Jul 3, 2007
How Japanese tax-payers' money is lost in bid-rigging
Every few years, politicians, bureaucrats and construction company bigwigs get embroiled in bid-rigging scandals — and the public's faith in government sinks deeper.

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A statue of "Dragon Ball" character Goku stands outside the offices of Bandai Namco in Tokyo. The figure is now as recognizable as such characters as Mickey Mouse and Spider-Man.
Akira Toriyama's gift to the world