Japanese antitrust authorities have searched the offices of six major ice cream manufacturers, including Meiji, Morinaga Milk Industry, Lotte, Ezaki Glico, Morinaga & Co., and Akagi Nyugyo, due to suspicions of price-fixing agreements. The companies are alleged to have coordinated price increases over several years through emails and meetings. Local media reported that these firms raised their prices at the same time every year since around 2022. Authorities are also investigating whether the companies exploited inflation by raising prices more than justified by rising raw material costs. Five
Bias read (Center): The article presents factual information without overtly biased language or selective sourcing. It reports on an ongoing investigation with no clear ideological framing, focusing on the actions of regulatory authorities and corporate responses.
Official sources cited
- press release AFP News Agency
- press release Local Japanese Media
