economy Japan
Japan investigates four major breweries over suspected price collusion
90%
Domestic market share controlled by the four breweries
Japan’s Fair Trade Commission searched the offices of Asahi Breweries, Kirin Brewery, Suntory Beer and Sapporo Breweries over suspicions that they coordinated price increases. The companies said they would cooperate.
1 sourceThe GuardianUpdated
Claims
Support what holds up. Dispute what doesn't.
Japanese Fair Trade Commission officials raided the offices of Asahi Breweries, Kirin Brewery, Suntory Beer and Sapporo Breweries.
“Officials from the Fair Trade Commission this week searched the offices of Asahi Breweries, Kirin Brewery, Suntory Beer and Sapporo Breweries”
The Fair Trade Commission has begun an investigation into the breweries.
“Hiroo Iwanari, confirmed an investigation had begun”
AllegedThe four breweries are suspected of violating Japan’s anti-monopoly law.
“The quartet are suspected of violating the anti-monopoly law.”