Japan Raids Four Largest Beer Makers Over Suspected Price-Fixing Cartel

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Japan Raids Four Largest Beer Makers Over Suspected Price-Fixing Cartel
Photo: Koji Sasahara/AP/TT

Together, the four beer giants Asahi, Kirin, Sapporo and Suntory account for around 90 percent of Japan’s beer market and are suspected of jointly driving up beer prices.

According to a source, company representatives have met regularly to discuss prices and the timing of increases.

All four companies confirm they are being investigated by Japan’s competition authority.

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TT News AgencyT
By TT News Agency. English edition by Sweden Herald, adapted for our readers

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