FYI: Japan’s Competition Authority Raids Four Brewers Over Suspected Beer Price Cartel #Japan #BeerCartel #Antitrust #CompetitionLaw #Asahi

Japan’s Competition Authority Raids Four Brewers Over Suspected Beer Price Cartel #Japan #Antitrust #CompetitionLaw #BeerCartel #Asahi

🍺 Japan raided ALL of its Big Four brewers on the same day.

Asahi, Kirin, Suntory and Sapporo sell ~90% of Japan's beer. Regulators suspect they secretly synced price hikes for years.

Nothing proven yet, but criminal charges are possible.

#BeerCartel #Asahi #Kirin #Suntory