• Kyodo

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Major construction company Obayashi Corp. has admitted to an antitrust violation over bidding for work on the Tokyo-Osaka maglev train project, sources said Tuesday.

Obayashi has admitted to the Fair Trade Commission that it was involved in bid obstruction with three other major contractors — Taisei Corp., Kajima Corp. and Shimizu Corp. — exempting it from a fine under the commission’s leniency rules.

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