'Cartel' firms raided by Japan fair trade officers

Kovac, Matt; Yokomura, Tomomi
November 2006
ICIS Chemical Business;11/20/2006, Vol. 1 Issue 44, p13
Trade Publication
The article reports on the raid of eight chemical firms last week, by Japan's Fair Trade Commission, on suspicion of forming a price cartel for polyethylene pipes, a contravention of the anti-monopoly act. Mitsui Chemicals, Hitachi Metals, Mitsubishi Plastics, Nippon Chutetsukan, Sekisui Chemical and Kubota Cl have been accused of raising prices for the pipes by as much as 20% over the past two years.


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