BBC News – World ·world ·1 hour ago

Japan raids ice cream giants over price-fixing allegations

Japan's competition watchdog raided six major ice cream makers on Tuesday over alleged price-fixing activities. Companies including Meiji and Ezaki Glico are suspected of raising prices by 5-10% in violation of antitrust laws. The investigation comes as the country experiences extremely high summer temperatures, exacerbating consumer concerns about rising food costs.

Summary by Glance · BBC News – World

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