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[Japan’s four major beer companies are under investigation for suspected price monopoly] On October 7, according to multiple media reports, the Japan Fair Trade Commission conducted a mandatory investigation on four large Japanese beer companies: Asahi Beer, Kirin Beer, Sapporo Beer and Suntory. The four companies are suspected of negotiating in advance the range and timing of price increases for beer products, forming a price monopoly alliance and violating Japan's Anti-Monopoly Law. According to relevant sources, the relevant persons in charge of the four companies were suspected of gathering privately after the industry organization meeting to discuss price increases for beer, sparkling wine and other products. (Xinhua News Agency)
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