Aug 26, 2016

FTC chides FamilyMart for unfairly curbing subcontractor payments

The Fair Trade Commission on Thursday reprimanded major convenience store chain FamilyMart Co. for unfairly reducing payments to the subcontractors who make its private brand products. The antitrust watchdog said FamilyMart failed to pay about ¥650 million to 20 subcontractors between July 2014 and ...

Jul 12, 2016

Fujitsu and Oi Electric fined ¥400 million for bid-rigging

The Fair Trade Commission has fined Fujitsu Ltd. and Oi Electric Co. a total of ¥402.91 million for repeated bid-rigging for communications equipment tendered by Tokyo Electric Power Company Holdings Inc. The FTC on Tuesday also issued a cease-and-desist order to the two electronic ...

Jun 16, 2016

FTC accuses Coleman Japan of fixing prices

The Fair Trade Commission is accusing the Japanese unit of U.S. outdoor gear maker Coleman Co. of fixing prices in violation of the antimonopoly law. The FTC ordered Coleman Japan Co. to take measures to prevent any recurrence, officials said. According to the FTC, ...

Jun 16, 2016

U.S. charges two Japanese auto parts firms with price-fixing

The United States charged two Japanese auto parts companies and five executives with price-fixing Wednesday in a long-running investigation into illegal competitive practices in the parts industry. A federal grand jury in Ohio indicted Tokai Kogyo and Maruyasu Industries and their U.S. subsidiaries on ...

FTC sues VW on behalf of U.S. consumers over deceptive 'clean diesel' campaign

Mar 30, 2016

FTC sues VW on behalf of U.S. consumers over deceptive 'clean diesel' campaign

The U.S. government filed suit against Volkswagen on Tuesday, charging the German automaker deceived American consumers by promoting supposedly “clean diesel” vehicles that were actually fitted with illegal pollution-cheating devices. The Federal Trade Commission said it is seeking a federal court order requiring Volkswagen ...

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. The Japan Fair Trade Commission is also ...

FTC accuses four U.S. cancer 'sham charities' of $187 million fraud

May 20, 2015

FTC accuses four U.S. cancer 'sham charities' of $187 million fraud

Four organizations claiming to help cancer patients allegedly siphoned off more than $187 million to pay for lavish salaries, luxury vacations and other goods in what could be one of the largest cases of U.S. charity fraud, authorities said Tuesday. The U.S. Federal Trade ...

Mar 3, 2015

FTC to fine seven firms over rigged bids for grain facilities

The Fair Trade Commission is considering imposing ¥1.1 billion in fines on seven firms, including farm equipment-makers Kubota Corp. and Iseki & Co., for their suspected roles in bid-rigging for grain storage facilities in violation of the antimonopoly law. Six of them are also ...

Nov 11, 2014

Wacoal reaches settlement with U.S. FTC over weight-loss underwear

Wacoal Holdings Corp. said Tuesday it has officially reached a settlement with the U.S. Federal Trade Commission to pay $1.3 million (about ¥150 million) in refunds to buyers of its weight-loss underwear for women. The Kyoto-based lingerie maker agreed in late September to refund ...