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Japanese furniture company Tokyo Interior raided for suspected abuse of superior-bargaining position

By Toko Sekiguchi ( June 23, 2022, 08:30 GMT | Insight) -- Japanese furniture retailer Tokyo Interior was raided by the antitrust regulator today over suspicions it coerced its suppliers to provide unpaid labor and collected fees under the guise of “support payments.” Such conduct is prohibited under the Antimonopoly Act if Tokyo Interior is deemed to possess a superior-bargaining position over the suppliers and abused its position by unfairly forcing them to accept such disadvantageous requests.Japanese furniture retailer Tokyo Interior was raided by the antitrust regulator today over suspicions it coerced its suppliers to provide unpaid labor and collected fees under the guise of “support payments.”...

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