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FTC fines 15 firms for bid rigging at fuel auctions.

Publication: Japan Weekly Monitor
Publication Date: 04-JUN-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, June 1 Kyodo

The Fair Trade Commission (FTC) said Friday it has ordered 15 oil wholesalers to pay a total of 11.24 million yen in fines for bid rigging at Fisheries Agency auctions.

The 15 companies include major wholesalers Yuasa Trading Co. and San-Ai Oil Co.

According to...

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