Major department store chains raided over alleged price-fixing cartel

Jul 20, 2017

Major department store chains raided over alleged price-fixing cartel

The Fair Trade Commission has searched major department store chains mostly in western Japan on suspicion they formed a price cartel to inflate shipping charges for their products. The FTC's inspections over the alleged price-fixing practice were conducted Wednesday at seven chains, including Osaka-based Takashimaya ...

Jul 14, 2016

FTC reviewing whether no-resale LNG contracts are illegal

The Fair Trade Commission is investigating whether clauses in contracts for liquefied natural gas that restrict buyers from reselling the fuel violate the competition laws of the world's largest user of the super-chilled gas, according to people with knowledge of the matter. The investigation is ...

Mar 17, 2015

Camping gear maker Coleman Japan inspected over pricing practice

The Fair Trade Commission on Tuesday inspected around 20 locations related to camping and outdoor equipment maker Coleman Japan Co. on suspicion it forced retailers to maintain its recommended prices. The Japanese unit of Coleman Co. of the U.S. said it will cooperate fully with ...

Railway agency officials face bid rigging charges

Mar 4, 2014

Railway agency officials face bid rigging charges

Prosecutors plan to build a case against senior officials of a government-backed railway construction agency over alleged bid rigging in connection with projects for the Hokuriku bullet train line, sources said Tuesday. Officials of the Japan Railway Construction, Transport and Technology Agency are suspected of ...

Mar 3, 2014

Taxing adjustments ahead

With the consumption tax hike set to rise in less than a month, the government must make sure the hike doesn't lead to unfair transaction practices between large firms and their subcontractors and suppliers.