Japanese Beer Maker Shares Fall After Antitrust Raids
Shares of major Japanese beer makers dropped following antitrust raids over alleged price fixing. The fair trade commission is investigating collusion among the top four domestic brewers.
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Shares of major brewers in Japan fell up to 3.73% on Wednesday morning after antitrust regulators raided four domestic companies over suspected price-fixing. The sudden crackdown targets dominant firms controlling over 90% of the domestic beer market.
