3 can makers to face antitrust fines

Jiji Press TOKYO (Jiji Press) — The Fair Trade Commission plans to fine three major domestic can makers a total of some ¥25 billion for fixing prices for cans used for beer and other beverages in violation of the antimonopoly law, informed sources said Tuesday.

The antitrust watchdog has notified Toyo Seikan Co., Universal Can Corp. and Hokkaican Co. of the plan, the sources said. It also plans to order them to take measures to prevent similar wrongdoing, the sources said. It will make a final decision after collecting opinions from the firms.Speech

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