Charged 25.7 billion yen for 3 major cartels with beverage cans JFTC September 26, 16:25
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The Fair Trade Commission ordered a surcharge of 25.7 billion yen for three major can manufacturers, alleging that they had tied up a cartel that illegally raised the price of beverage cans used for beer.
The surcharges were ordered by Toyo Seikan, Universal Can, and Hokkai Sei, a major can manufacturing company.
According to the Fair Trade Commission, three companies and “Yamato Seikan”, headquartered in Tokyo, have requested that raw material prices fluctuate for more than six years from around 2010, or that estimated prices should be presented from the suppliers. When we were asked, we talked in advance, and we had a cartel that raised prices illegally.
The Fair Trade Commission ordered a surcharge of 25.7 billion yen in total for the three companies, excluding “Daiwa Seikan”, which voluntarily filed the cartel, and issued an exemption order to prevent recurrence, based on the Antimonopoly Act I put it out.
The four companies occupy most of the market share of aluminum cans and steel cans for beverages used in beer, coffee high, coffee, etc. by four major beer manufacturers, with sales reaching approximately 200 billion yen .
“Toyo Seikan” out of the three companies said, “We take the results of the examination seriously and sincerely. We will carefully examine the contents, carefully consider future responses, and make further efforts to prevent recurrence.” I am commenting.