According to The Japan News, the Japan Fair Trade Commission (JFTC) plans to order nine major road pavers to pay some ¥800 million (US$7.2 million) total in fines for allegedly repeatedly bid-rigging for paving projects ordered by the operator of Narita International Airport near Tokyo and others.
According to sources, the nine companies are: Nippo Corp., Nippon Road Co., Maeda Road Construction Co., Kajima Road Co., Taisei Rotec Corp., Obayashi Road Corp., Toa Road Corp. and Seikitokyu Kogyo Co.
In 2016, most of the suspected firms were ordered by the JFTC to pay fines or were given cease-and-desist orders for their involvement in bid-rigging for projects to repair expressways damaged by the powerful earthquake in the Tohoku region or the Kanto region in March, 2011.
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.
Featured News
Belgian Authorities Detain Multiple Individuals Over Alleged Huawei Bribery in EU Parliament
Mar 13, 2025 by
CPI
Grubhub’s Antitrust Case to Proceed in Federal Court, Second Circuit Rules
Mar 13, 2025 by
CPI
Pharma Giants Mallinckrodt and Endo to Merge in Multi-Billion-Dollar Deal
Mar 13, 2025 by
CPI
FTC Targets Meta’s Market Power, Calls Zuckerberg to Testify
Mar 13, 2025 by
CPI
French Watchdog Approves Carrefour’s Expansion, Orders Store Sell-Off
Mar 13, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Self-Preferencing
Feb 26, 2025 by
CPI
Platform Self-Preferencing: Focusing the Policy Debate
Feb 26, 2025 by
Michael Katz
Weaponized Opacity: Self-Preferencing in Digital Audience Measurement
Feb 26, 2025 by
Thomas Hoppner & Philipp Westerhoff
Self-Preferencing: An Economic Literature-Based Assessment Advocating a Case-By-Case Approach and Compliance Requirements
Feb 26, 2025 by
Patrice Bougette & Frederic Marty
Self-Preferencing in Adjacent Markets
Feb 26, 2025 by
Muxin Li