Japan’s ice-cream giants face anti-trust heat over suspected cartel pricing (opens original article in a new tab)

Japan's Fair Trade Commission is investigating six major ice cream companies for suspected price-fixing cartel activities, alleging they colluded to raise prices beyond raw material costs.

• Six major Japanese ice cream companies are under investigation for suspected price-fixing cartel activities.
• The Japan Fair Trade Commission (JFTC) conducted raids and inspections at the companies' headquarters.
• The firms allegedly colluded to raise prices beyond raw material costs, violating anti-monopoly laws.