Japan FTC Raids Contractors In Bid-Rigging Probe

Law360, New York (May 16, 2006, 12:00 AM EDT) -- Suspicion that ten contractors in Japan may have rigged bids for contracts ordered by the Defense Facilities Administration Agency has led the country’s Fair Trade Commission on a Tokyo-wide search of offices.

Companies searched by the FTC on suspicion of violating the Antimonopoly Law included four of the top general contractors in Tokyo—Kajima Corp., Obayashi Corp., Shimizu Corp. and Taisei Corp.

In addition to the four major firms, Toa Corp., Tekken Corp., Penta-Ocean Construction Co. and Nissan Rinkai Construction Co. were also searched.

The bid-rigging case...
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