Japan Fair Trade Commission raids major beer makers
Japanese authorities raided premises of Asahi Breweries, Kirin Brewery and Suntory Spirits in an investigation into suspected coordination to raise beverage prices.
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Japanese Beer Stocks Drop After Cartel Raids
Major Japanese beer makers' shares fell nearly 4% after the Fair Trade Commission raided four companies on suspicion of collusion in sales to wholesalers. The divisions of Kirin Holdings, Asahi Group Holdings, Sapporo Holdings and Suntory Beverage & Food were involved.
Japanese beer makers raided over alleged cartelisation
Japan's Fair Trade Commission raided four major beer makers on Wednesday on suspicion of cartelisation in sales of beer and other products to wholesalers. Companies included Kirin Holdings, Asahi Group Holdings, Sapporo Holdings and Suntory Holdings.
Japan's Fair Trade Commission raids four major beer makers on anti-monopoly concerns
Japan's Fair Trade Commission conducted raids on four major beer makers on suspicion of violating the anti-monopoly law, according to Nikkei.
Japan Fair Trade Commission Raids Four Major Beer Makers Over Antitrust Concerns
Japan's Fair Trade Commission has raided four major beer manufacturers on suspicion of violating the country's anti-monopoly law, according to Nikkei.