• Kyodo

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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.

Tepco group firm Transmission Line Construction Co. took a leading role in bid-rigging projects to build overhead power lines, while Tokyo-based Kandenko Co., a Tepco subcontractor, did the same for projects involving underground power lines, the antimonopoly watchdog said Friday.

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