Japan Antitrust Watchdog Targets Six Railway Contractors
Japan's Fair Trade Commission plans to issue cease-and-desist orders against six construction companies, including firms affiliated with Japan Railways, over repeated bid-rigging in maintenance contracts for Tokyo's Toei subway network and other railway lines, with five companies facing surcharges totaling approximately 500 million yen. (News On Japan)
Japan's antitrust watchdog, the Fair Trade Commission, intends to issue cease-and-desist orders against six construction companies, including those linked to Japan Railways, due to repeated bid-rigging in railway maintenance contracts. Five of these firms face administrative surcharges amounting to around 500 million yen for their involvement in fixing bids for maintenance contracts on six railway lines, including Toei subway routes.
The investigation targets Tokyo-based Totetsu Kogyo, Tsuboi Corporation, and Sanki Construction, headquartered in Fukuoka Prefecture. The companies are accused of coordinating bids to predetermine the successful bidder, rather than competing independently. The Fair Trade Commission will also examine the Tokyo Metropolitan Bureau of Transportation, which awarded these contracts, for potential violations in the procurement process.
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