Three contact lens makers raided in Japan over alleged violations of Antimonopoly Law
The Fair Trade Commission raided three contact lens makers Tuesday for allegedly forcing retailers not to list prices on their advertisements in violation of the Antimonopoly Law, it was learned Tuesday. The antitrust watchdog's on-site inspections covered Alcon Japan Ltd., CooperVision Japan Inc. and Seed ...
EU fines Japan's MUFG and four U.S. and British banks €1.07 billion over forex cartel
The European Union on Thursday fined MUFG Bank and four major British and U.S. banks a total of €1.07 billion (¥131 billion; $1.2 billion) for rigging the spot foreign exchange market for 11 currencies. The European Commission, the executive organ of the European Union, found ...
Japan to expand antitrust leniency program, under which fines are slashed if firms play ball
The government will expand the Fair Trade Commission's antitrust leniency program, mainly by reducing fines on violators depending on the degree of their cooperation, according to informed sources. Meanwhile, penalties for violating the Antimonopoly Law will be strengthened. The government hopes to adopt a bill to ...
Nine dismembered corpses found in truck in murderous Mexican state of Veracruz
Nine dismembered bodies were found piled in a truck on Saturday night in the violent Mexican state of Veracruz, the governor said on Sunday, describing the crime as a clash of rival gangs. Most of the dead were believed to be members of drug gangs, ...
