Antitrust Antitrust

Japan's Chugoku, Chubu and Kyushu Electric hit with JFTC's record-breaking fine for cartel

By Sachiko Sakamaki
  • 30 Mar 2023 12:15
  • 30 Mar 2023 12:15
Chugoku Electric Power, Chubu Electric Power and Kyushu Electric Power have been hit with a record-breaking antitrust fine — a combined 101 billion yen ($763 million) — for a cartel involving electricity sold to business and government customers in central and western Japan.
Today, the Japan Fair Trade Commission, or

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Sachiko Sakamaki

Senior Correspondent, Tokyo

Sachiko covers antitrust, mergers and acquisitions, privacy and data security, as well as patent disputes related to connected cars. She has an undergraduate degree from Waseda University in Tokyo and a master's degree in communications from United States International (now Alliant International) University in California. She previously worked as a journalist for Time magazine, the Far Eastern Economic Review, Bloomberg News, and the Washington Post in Japan.

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