Premises belonging to Japanese beer producers Asahi and Kirin have been searched by the country’s competition authorities amid allegations of a price-fixing cartel.
Both companies confirmed that their premises had been searched. The searches form part of an investigation into suspected coordination over prices in Japan’s beer market.
No further details about the alleged conduct, the locations searched or any potential penalties were provided in the supplied material. The companies have confirmed the authorities’ action, but the allegations have not been established.
The latest known situation is that the competition authorities’ investigation is continuing. No information has been provided about possible charges, enforcement action or the companies’ further response.
