Japan Invokes Leniency Measure In Bid-Rigging Case

Law360, New York (September 8, 2006, 12:00 AM EDT) -- Japan’s Fair Trade Commission has decided not to impose fines on Mitsubishi Heavy Industries Ltd. after the company stepped forward and confessed to taking part in a bid-rigging plot for an expressway tunnel ventilation system contract.

The JFTC said Friday it will also cut surcharges by 30% for two other machinery companies, Ishikawajima-Harima Heavy Industries Co. and Kawasaki Heavy Industries Ltd., that latched on to Mitsubishi’s example and admitted their roles in the scheme.

In its first public disclosure, the Commission made use of the leniency...
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