ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Politics

Regulators reach across borders to break up business cartels

A widening dragnet uncovers an international web of violations

Japan's Fair Trade Commission has been expanding its cross-border cooperation with antitrust regulators in other countries.

TOKYO -- In early January, Singapore's antitrust watchdog announced that five companies -- Japanese electronics parts makers and local subsidiaries -- had been involved in fixing the prices of capacitors used in electrical home appliances, and in other cartel activities. The regulator proceeded to fine four of the five companies a total of 19.5 million Singapore dollars ($14.8 million).

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more