A PYMNTS Company

Japan: Dawn raids irk construction industry

By  |  February 5, 2014

The second day of dawn raids irked Japan’s construction industry as authorities continued its investigation into allegations of bid-rigging, reports say.

The Fair Trade Commission and the Tokyo District Public Prosecutors Office are collaborating on the case regarding allegations that various contracts for snow-melting projects were unfairly awarded.

Details on the investigation remain scarce, but reports say the companies searched included Takasago Thermal Engineering, Asahi Kogyosha, Shin Nippon Air Technologies, Dai-Den and others.

Full Content: The Japan News

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.