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fair trade commission

Steady10 stories6 sourcesLast updated: 4d ago
Related Topicscartelbid-riggingconstruction companiescondominium renovationfinesdispatch feeshokkaido shinkansenHaseko Reform

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Japan's Fair Trade Commission to Order 1.6 Billion Yen in Fines for Bid-Rigging in Condo Renovations
Developing
LawĀ·4d agoAI summary

Japan's Fair Trade Commission to Order 1.6 Billion Yen in Fines for Bid-Rigging in Condo Renovations

Japan's Fair Trade Commission plans to order over 30 construction companies, including Haseko Reform and Daikyo Anabuki Construction, to pay approximately 1.6 billion yen in fines for violating the Antimonopoly Act through bid-rigging on large-scale condominium renovation projects. Two design consulting firms will also be subject to orders to prevent recurrence.

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Japan's Fair Trade Commission Investigates Bid-Rigging in Hokkaido Shinkansen Project
Urgent
CrimeĀ·5/19/2026AI summary

Japan's Fair Trade Commission Investigates Bid-Rigging in Hokkaido Shinkansen Project

Japan's Fair Trade Commission is investigating nine construction companies and the Railway Construction, Transport and Technology Agency for alleged bid-rigging in contracts for the Hokkaido Shinkansen extension project. The companies are suspected of coordinating bids to limit competition for track laying work, with some contracts exceeding 94% of their value.

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Coupang must face Korean law Issue should not become bilateral rift
Developing
OpinionĀ·5/1/2026AI summary

Coupang must face Korean law Issue should not become bilateral rift

An editorial supporting the Korea Fair Trade Commission's decision to designate Coupang Chairman Bom Kim as the company's controlling shareholder, replacing a corporate entity designation. The piece argues this closes an accountability gap and criticizes both Coupang's dual posture of being local in profit but foreign in accountability, and disproportionate pressure from some US lawmakers. Both Seoul and Washington should work to prevent this corporate governance dispute from becoming a bilateral irritant.

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