Six ice cream makers in Japan investigated over price fix claims (opens original article in a new tab)

Japan's Fair Trade Commission is investigating six major ice cream manufacturers for alleged price fixing and collusion to raise retail prices since 2022.

• Japan's Fair Trade Commission raided six ice cream manufacturers, including Meiji, Morinaga Milk Industry, and Lotte.
• Companies are accused of colluding to fix and raise retail prices of ice cream and frozen desserts since 2022.
• Executives are suspected of exchanging information through emails and meetings to form a cartel for price hikes.