The Fair Trade Commission has searched more than 10 utility meter makers, including Tokyo-based Kimmon Mfg. Co. and Nagoya-based Aichi Tokei Denki Co., suspecting they violated the Antimonopoly Law by rigging water meter bids, FTC officials said Wednesday.
The companies are believed to have conspired to agree on prices in competitive tender bids offered by the Tokyo Metropolitan Government’s waterworks department, the officials said.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see this support page.
We humbly apologize for the inconvenience.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.
SUBSCRIBE NOW
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.