Japan melts down ice cream firms in suspected price-fixing cartel probe (opens original article in a new tab)

Japanese authorities raided six major ice cream companies over suspected price-fixing, with officials alleging they coordinated price hikes since 2022.

• Japanese authorities raided six major ice cream firms over suspected price-fixing collusion
• The companies are accused of coordinating price hikes since 2022
• The Japan Fair Trade Commission is investigating if price increases were justified by rising ingredient costs