Skip to main content
World

Japan beer giants raided over suspicions they colluded to set the price of beverages

Japan beer giants raided over suspicions they colluded to set the price of beverages

Feed excerpt — reported by The Guardian

Investigators probe Asahi, Kirin, Suntory and Sapporo breweries – which together control more than 90% of Japan’s beer marketJapanese 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. Continue reading…

MAP records observable characteristics of the original article (publisher, author, date, references, framing cues). MAP does not verify the article’s claims or score it. Read the full original story at The Guardian →

Original Source

This article was syndicated from The Guardian. All rights remain with the original publisher.