Latest News for: Tokyo trade fair

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Japan's major advertising firms searched as Tokyo Olympic corruption probe widens

People Daily 30 Nov 2022
TOKYO, Nov. 29 (Xinhua) -- Japanese prosecutors and a fair trade watchdog on Tuesday searched units of major advertising agencies ADK Holdings Inc ... on suspicion of bid rigging for test events contrasts of last year's Tokyo Olympics, local media reported ... Statistics from the Tokyo ...
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Units of ad firms ADK, Dentsu searched in Olympic bid-rigging probe

Kyodo 29 Nov 2022
ADK reported the alleged bid rigging to the Japan Fair Trade Commission after Tokyo prosecutors launched an investigation, in an apparent effort to gain leniency, such as the avoidance of criminal charges and a reduction in fines, according to the sources.
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Japanese prosecutors raid Dentsu as part of Olympic investigation

Beijing News 29 Nov 2022
TOKYO, Japan. Japanese prosecutors raided the headquarters of advertising company Dentsu, as part of a widening investigation into corruption during the 2020 Tokyo Olympics. Footage of Tokyo District Prosecutors and Japan Fair Trade Commission officials entering Dentsu headquarters was broadcast nationwide.
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Two more firms raided over alleged bid-rigging in Tokyo Olympics test events

Japan Times 29 Nov 2022
Investigators from the Tokyo District Public Prosecutors Office and the Fair Trade Commission jointly searched advertising agency ADK Marketing Solutions and production company Dentsu Live ... .
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Ad agency Hakuhodo raided as Olympic bid-rigging investigation widens

Kyodo 28 Nov 2022
On Friday, the prosecutors and the Japan Fair Trade Commission raided Japan's top advertising agency Dentsu Inc., and premises linked to a former senior official of the Tokyo Olympic organizing committee and event production company Cerespo Co., after the country's third largest ...
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Japan's top 3 advertising agencies implicated in Olympic bid-rigging scandal

Xinhua 28 Nov 2022
TOKYO, Nov. 28 (Xinhua) -- Tokyo prosecutors and Japan's Fair Trade Commission on Monday raided the headquarters of major advertising firm Hakuhodo Inc. over suspected bid-rigging connected to the Tokyo Olympic Games held last year ... and Tokyo-based event production companies Same Two Inc.
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Hakuhodo, 3 firms searched in Olympic bid rigging scandal

Asahi News 28 Nov 2022
28 searched the offices of four more companies in Tokyo including major advertising company Hakuhodo DY Holdings Inc ... So far, six out of nine companies that were awarded contracts related to the Olympic test events have been raided under the joint investigation by the Tokyo District Public Prosecutors Office and the Japan Fair Trade Commission.
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Kyushu, Chugoku Electric say they will cooperate with Japan probe

Reuters 28 Nov 2022
Companies. Kyushu Electric Power Co IncFollow ... TOKYO, Nov 28 (Reuters) - Japan's Fair Trade Commission has issued no notice of antitrust fines to Kyushu Electric Power Co (9508.T) and Chugoku Electric Power Co (9502.T), the two utilities said on Monday, following a report they were in trouble for anti-competitive behaviour ... Our Standards ... Gallery.
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Major Japan utilities to face record amount of antitrust fines

Kyodo 26 Nov 2022
... antimonopoly law, possibly the highest amount ever imposed by the Japan Fair Trade Commission, the sources said Friday. File photo taken in 2015 shows the building housing the Japan Fair Trade Commission in Tokyo ... Japan's fair trade watchdog launches probe into "1 yen" smartphones.
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Olympic bid rigging probe narrows to 3 individuals

Asahi News 26 Nov 2022
Officials with the Tokyo District Public Prosecutors Office and Japan Fair Trade Commission searched several locations Nov ... As a result, many of the bids came from only one company, which prosecutors and the Fair Trade Commission concluded was stark evidence of a lack of competition for winning a bid.
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Japan investigators raid advertising company in widening Olympic investigation

Chatanooga Times Free Press 26 Nov 2022
TOKYO (AP) — Japanese prosecutors raided the headquarters of major advertising company Dentsu on Friday, as the investigation into corruption related to the Tokyo Olympics widened. Major local TV broadcasters showed Tokyo District Prosecutors and Japan Fair Trade Commission officials entering Dentsu headquarters.
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Japan investigators raid Dentsu in widening Olympic probe

The Maryville Daily Times 26 Nov 2022
TOKYO (AP) — Japanese prosecutors raided the headquarters of major advertising company Dentsu on Friday, as the investigation into corruption related to the Tokyo Olympics widened. Major local TV broadcasters showed Tokyo District Prosecutors and Japan Fair Trade Commission officials entering Dentsu headquarters.
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Tokyo prosecutors search Dentsu, suspect bid-rigging on Olympics test events -media

FX Empire 25 Nov 2022
Tokyo prosecutors and Japan’s Fair Trade Commission suspect that Dentsu may have colluded with other firms over the bidding for Olympic test events, which could constitute a violation of anti-monopoly laws, media said. The Tokyo District Public Prosecutors Office and the Japan Fair Trade Commission declined to comment.
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Japan's ad giant Dentsu raided over Tokyo Olympic-related bid rigging

China.dot.org 25 Nov 2022
TOKYO, Nov ... was raided on Friday by Tokyo prosecutors and Japan's Fair Trade Commission over possible bid rigging connected to the Tokyo Olympic Games held last year ... telling the Japan Fair Trade Commission it had been a participant in the bid rigging, with the agency hoping its admission would mean a lesser punishment from authorities.
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Dentsu searched by investigators in Olympics bid rigging scandal

Asahi News 25 Nov 2022
The joint investigation by the Tokyo District Public Prosecutors Office and the Japan Fair Trade Commission targeted Dentsu and Cerespo Co., a Tokyo-based sports event promotion company ... The last time the Japan Fair Trade Commission entered an investigation on the precondition ...

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