Business / Corporate Mar 6, 2019
Japanese road builders to face record ¥60 billion fine for forming cartel to fix asphalt prices
The nation's antitrust watchdog will impose fines totaling nearly ¥60 billion ($536 million) on Maeda Road Construction Co. and seven other major road paving material companies for forming a cartel to raise the price of asphalt, sources said Wednesday. The Fair Trade Commission has started ...