The Fair Trade Commission raided 13 road-paving firms Wednesday for suspected bid-rigging in projects to repair roads damaged by the March 2011 earthquake and tsunami.
Among the raided contractors are Nippo Corp., Maeda Road Construction Co., NipponRoad Co., Obayashi Road Corp. and Toa Road Corp., informed sources told Jiji Press.
The road-paving firms are suspected of having rigged their bids in expressway restoration projects offered by a local unit of East Nippon Expressway Co. , for at least the past few years.
To further investigate before filing criminal charges with prosecutors, the antimonopoly watchdog plans to question company officials in charge of the projects ordered by East Nippon Expressway.
Full Content: Engineering News Record
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI