Markets #price-fixing#antitrust
Japan Ice Cream Giants Raided Over Suspected Price-Fixing Cartel
Japan's Fair Trade Commission raided six major ice cream makers on suspicion of forming a cartel to fix prices. Companies including Meiji, Morinaga Milk, Lotte, Morinaga, Ezaki Glico, and Akagi Nyugyo allegedly raised prices by 5-10% several times. The firms say they are cooperating with the investigation.
Jun 17, 2026 1 source