Japan beer giants raided over suspicions they colluded to set the price of beverages

Japanese authorities raided the offices of Asahi Breweries, Kirin Brewery, Suntory Beer, and Sapporo Breweries, the four largest breweries that together control more than 90% of the domestic beer market. The raids were carried out by the Fair Trade Commission, which is investigating whether the companies colluded to set beer and other beverage prices. The investigation focuses on potential violations of Japan’s anti‑monopoly law.

Investigators probe Asahi, Kirin, Suntory and Sapporo breweries – which together control more than 90% of Japan’s beer market Japanese authorities have raided the country’s four biggest breweries over suspicions they colluded to set the price of beer and other beverages – a practice media reports said could have forced drinkers to pay over the odds. Officials from the Fair Trade Commission this week searched the offices of Asahi Breweries, Kirin Brewery, Suntory Beer and Sapporo Breweries – which together control more than 90% of the domestic market. The quartet are suspected of violating the anti-monopoly law.

Summarised by Agaah from The Guardian. Agaah aggregates 36 sources and removes duplicate coverage — all news, one place.