Latest News for: Tokyo trade fair


Tokyo 2020 bid rigging suspects awarded over $300 million in contracts for Olympics

Inside The Games 31 Jan 2023
The Japan Fair Trade Commission and a special prosecution team in Tokyo are considering including both test events and those at the Games in their ongoing case ... Last week, several officials at Dentsu admitted to bid rigging at Tokyo 2020 test events, after the company initially denied the allegations.

Contracts in Tokyo Olympics bid rigging case totaled 40 bil. yen

Kyodo 31 Jan 2023
... for the Tokyo Olympic and Paralympic Games, sources close to the matter said Monday ... The Tokyo prosecutors' special investigation squad and the Japan Fair Trade Commission are considering including both the test events and the games in the bid-rigging case they are building.

Test-event bid winners were guaranteed more Games contracts

Asahi News 30 Jan 2023
The Tokyo Olympic ... and other businesses over the Tokyo Olympics and its related events. The revelation comes as a special investigation squad with the Tokyo District Public Prosecutors Office and the Fair Trade Commission probes allegations of bid-rigging over Games events.

Dentsu officials admit to Tokyo Olympic test event bid rigging

Kyodo 28 Jan 2023
Prosecutors believe the bid rigging constituted a violation of the antimonopoly law, and the Tokyo prosecutors' special investigation squad has since deepened an investigation into the case in cooperation with Japan's fair trade watchdog.

Guangzhou taking steps to get biz back on track

China Daily 15 Dec 2022
... chains, biomedicine, electronics, machinery and equipment, and help local foreign trade companies increase their presence in overseas markets before the end of the year ... "And two investment and trade promotion fairs will also be organized in Tokyo and Switzerland," said Chen.

Trade growth steady this year

ECNS 08 Dec 2022
... and local governments in East China's Zhejiang province have been attending, or are set to attend, business events abroad, such as the Asia Fashion Fair 2022 Tokyo and the 13th China-UAE Trade Expo in Dubai, to meet previous customers and further explore overseas markets.

EDITORIAL: Independent probe necessary into Olympic bid-rigging scandal

Asahi News 05 Dec 2022
Fresh allegations of bid-rigging over the Tokyo Olympic and Paralympic Games suggest a ... The Tokyo District Public Prosecutors Office and the Fair Trade Commission are jointly investigating related organizations and individuals on suspicion of a violation of the Anti-Monopoly Law.

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 ...

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.

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.

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 ... .

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 ...

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.

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.

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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