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Comment: Japanese maglev train case sees prosecutors take lead in antitrust probe

By Sachiko Sakamaki ( March 16, 2018, 08:46 GMT | Comment) -- An investigation by Japanese prosecutors into suspected bid rigging on a maglev train project has produced dramatically different results for two of the country's “Big Four” construction companies than their two peers. Industry heavyweights Obayashi Corp and Shimizu Corp came forward to admit wrongdoing on the national bullet-train project and filed leniency applications, but Kajima Corp and Taisei Corp executives denied it and were arrested. Legal experts are now watching proceedings closely to see whether case will set a precedent for prosecutor-led antitrust investigations.An investigation by Japanese prosecutors into suspected bid rigging on a maglev train project has produced dramatically different results for two of the country's “Big Four” construction companies than their two peers....

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