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Ad agency Hakuhodo and others raided as Japan's antitrust probe into Olympic bid-rigging expands

By Sachiko Sakamaki ( November 28, 2022, 04:20 GMT | Insight) -- Japan’s second largest ad agency Hakuhodo and three other companies were raided today by Tokyo prosecutors and the Japan Fair Trade Commission, as the criminal antitrust investigation into bid-rigging for contracts at the Tokyo Olympics broadens. Japan’s second largest ad agency Hakuhodo was raided today by Tokyo prosecutors and the competition watchdog as the criminal antitrust investigation into bid-rigging for contracts at the Tokyo Olympics broadens....

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