The Fair Trade Commission screenings under the nation's antimonopoly law have been standing in the way of regional banks' efforts to overcome their business slumps by getting together with rivals, forcing some to postpone integration. The Financial Services Agency, which has backed the banks' integration ...
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 ...
A Fair Trade Commission study group has warned against the hoarding of big data, such as consumer purchase histories, by major companies. If companies refuse to disclose data to other companies without a justifiable reason, that could constitute a violation of the anti-monopoly law, the ...
Former farm ministry officials were found to have landed jobs in firms suspected of involvement in bid-rigging cases connected to government soil cleaning projects in the disaster-hit Tohoku region, sources familiar with the matter say. The revelation came said Wednesday after the Fair Trade Commission ...
The Fair Trade Commission has approved the merger of Japan's largest oil refiner, JX Holdings Inc., and third-ranked TonenGeneral Sekiyu K.K. The commission also allowed Idemitsu Kosan Co., the second-biggest oil refiner, to buy shares in fifth-ranked Showa Shell from Royal Dutch Shell PLC. The ...
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 ...
The nation's antimonopoly watchdog has issued a warning to two gasoline retailers, including the Japanese unit of U.S. retailer Costco Wholesale Corp., over a price war that it said could have threatened the activities of competitors. Costco Wholesale Japan Ltd. and Japanese oil products retailer ...
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 ...
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 ...
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.
