Japan raids ice cream companies over alleged price fixing cartel (opens original article in a new tab)

Japan's competition watchdog is investigating six major ice cream companies for alleged price fixing collusion, with raids conducted on their offices and potential fines if found guilty.

• Six major Japanese ice cream companies are under investigation for price fixing
• The Japan Fair Trade Commission raided company offices and is examining coordination of price increases
• Companies may face fines and be ordered to change business practices if found guilty