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Japan's Chubu Electric, Toho Gas, Cenergy call for improved compliance after antitrust penalty and warnings over information sharing

( March 4, 2024, 10:50 GMT | Official Statement) -- MLex Summary: Japan’s gas and electricity companies Chubu Electric Power, Chubu Electric Power Miraiz, Toho Gas and Cenergy issued statements acknowledging the enforcement action taken against them by the Japan Fair Trade Commission for colluding on information about commercial and residential utility accounts in Japan’s central region. All companies vowed to ensure compliance to prevent future such orders and warnings. Toho Gas, which escaped sanctions by self-reporting, said its chairman and president would both partially refund their paychecks to take responsibility. The statements, in Japanese, are attached:...

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