• Kyodo


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.

Obayashi Corp. was ordered to pay ¥200 million and Shimizu Corp. was hit with a ¥180 million fine for violating the antimonopoly law. The court found that they had colluded with two other major contractors, Kajima Corp. and Taisei Corp.

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