Japan beer giants raided over suspicions they colluded to set the price of beverages
- Japanese authorities have raided the country’s four biggest breweries over suspicions they colluded to set the price of beer and other beverages – a practice media reports said could have forced drinkers to pay over the odds.
- Officials from the Fair Trade Commission this week searched the offices of Asahi Breweries, Kirin Brewery, Suntory Beer and Sapporo Breweries – which together control more than 90% of the domestic market.
- The quartet are suspected of violating the anti-monopoly law.
Unverified
- Japanese authorities have raided the country’s four biggest breweries over suspicions they colluded to set the price of beer and other beverages – a practice media reports said could have forced drinkers to pay over the odds.
- Officials from the Fair Trade Commission this week searched the offices of Asahi Breweries, Kirin Brewery, Suntory Beer and Sapporo Breweries – which together control more than 90% of the domestic market.
- The quartet are suspected of violating the anti-monopoly law.
Sources: Guardian