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

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.