Unofficial Industry Meetings Targeted in Japan Beer Cartel Probe
Tokyo, Oct. 8 (Jiji Press)--Japan's Fair Trade Commission has searched the Brewers Association of Japan as part of its ongoing investigation into a suspected price cartel involving the industry, believing that backdoor meetings related to the group played a key role in the irregularities, informed sources said Thursday. The association was established in 1953 to cooperate with the governmen...
The Fair Trade Commission in Japan has conducted searches at the Brewers Association of Japan as part of an ongoing investigation into a suspected price cartel within the beer industry, according to informed sources. The association, founded in 1953, represents the four major beer makers in the country: Asahi Breweries Ltd., Kirin Brewery Co., Suntory Spirits Ltd., and Sapporo Breweries Ltd., along with Orion Breweries Ltd. Its objectives include securing liquor tax revenue, promoting industry growth, and preventing underage drinking through fair competition.
Within the association, there is a subgroup known as the Ichimokukai, consisting of marketing officials from the four major brewers. This group, which falls under the scope of the cartel investigation by the Fair Trade Commission, holds monthly meetings on the first Thursday of each month.
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