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Probe into Japanese supermarket chain OK ends after termination of requests to suppliers to pay discount costs

By Toko Sekiguchi ( August 10, 2023, 09:33 GMT | Insight) -- An antitrust probe into OK Corporation, one of Japan’s leading discount supermarket chain operators, was dropped today after the company told the competition regulator it would stop asking suppliers to shoulder the burden of product discounts. The announcement of the end of the probe is part of the competition regulator’s campaign to highlight its stance against large-scale companies who may be in violation of subcontractor law or antitrust abuse of superior bargaining position by pressuring suppliers, subcontractors and smaller business partners to pay for rising production costs. An antitrust probe into OK Corporation, one of Japan’s leading discount supermarket chain operators, was dropped today after the company told the competition regulator it would stop asking its suppliers to shoulder the costs of product discounts....

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