Japanese shrink film "cartel" raided

Yokomura, Tomomi
June 2007
ICIS Chemical Business;6/11/2007, Vol. 2 Issue 70, p54
Trade Publication
The article reports that Japanese chemicals producers suspected of creating a price cartel for a shrink film used in food packaging have been raided by competition investigators. According to a Japan Fair Trade Commission (JFTC) official, among the firms searched were Kohjin, Toyo Chemical Co. and Okura Industrial. It says that the companies could be fined nearly 10 percent of their turnover at the time of the cartel, if found guilty.


Related Articles

  • Kohjin buy will take Mitsubishi into China. Lim, Jeanne // ICIS Chemical Business;9/25/2006, Vol. 1 Issue 36, p7 

    This article reports on the decision of Mitsubishi Corp. to acquire Japanese fine chemical company Kohjin to further its expansion plans in China's chemicals market and througout Asia. The company plans to acquire more than 50% of Kohjin and eventually convert it into a subsidiary. It currently...

  • Commission slaps fines on secret carbon cartel.  // European Chemical News;12/8/2003, Vol. 79 Issue 2080, p6 

    Reports on the intention of Carbone Lorraine to appeal against a fine from the European Commission for its role in a carbon and graphite products cartel. Information on the companies along with Carbone Lorraine which were fined by the European Commission; Amount of penalty received by Carbone...

  • Risky business. Metaxas, George // ICIS Chemical Business;4/9/2007, Vol. 2 Issue 61, p24 

    The article reports on the increasing fines imposed by the European Commission (EC) against cartels. The total amount of fines against cartels between 2004 and 2006 came close to £3 billion and affected almost 120 companies. About two-thirds of the total amount of fines was directed against...

  • ...as EC levies fines on cartel. Beacham, Will // European Chemical News;10/6/2003, Vol. 79 Issue 2071, p7 

    Reports on the move of the European Commission to fine sorbates chemical producers Hoechst, Daicel, Ueno and Nippon Synthetic for operating a price cartel between 1979 and 1996. Amount of fine imposed on the companies; Immunity granted to Chisso of Japan; Market share of the companies in 1995.

  • EC fines European firms.  // PPI: Pulp & Paper International;Feb2002, Vol. 44 Issue 2, p7 

    Reports the fines imposed by the European Commission's competition and mergers taskforce on companies that participated in a Europe-wide carbonless copy paper price cartel. Amount of the fines.

  • Court of justice quashes appeal from district heating 'cartel'  // European Power News;Apr2002, Vol. 27 Issue 4, p2 

    Reports the refusal of the European Commission to overturn the fines imposed on district heating companies operating a carter in Europe. Reduction of the fines by the European Court of First Instance; Reason for the reduction of fines; Effect of cartel on the domestic business of Powerpipe company.

  • New raids as cartel accusations spread. Wood, Janet // Utility Week;2/23/2007, Vol. 26 Issue 21, p10 

    The article reports on new raids conducted by European Union antitrust investigators at power component manufacturers to investigate collusion in the market for power transformers in Germany, Austria and the Netherlands between 1999 to 2003. Siemens of Germany and ABB were among the companies...

  • Edmonton: bath raids move west. Hannon, Gerald // Body Politic;Jul/Aug81, Issue 75, p7 

    Reports on the raid conducted by police officers at Pisces Spa in Edmonton, Alberta on May 30, 1981. Number of men arrested; Items seized by the police as evidence; Fines imposed on the spa and its owners; View of the Edmonton gay community on the incident.

  • Fisheries officers seize fish after house search.  // Ausmarine;May2009, Vol. 31 Issue 7, p15 

    The article reports on the seizure of filleted fish speculatively coming from narrow-barred Spanish mackerel, following a search conducted in a house in Kalbarri, Western Australia on April 15, 2009. Most recreational fishers conform with the limits on mackerel catches, according to Department...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics