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Japan's Nissin Food to face JFTC warning over resale-price maintenance on cup noodles

By Thisanka Siripala and Sachiko Sakamaki ( August 8, 2024, 08:01 GMT | Insight) -- Japanese cup noodle maker Nissin Food Products is set to receive a warning from the country's competition watchdog for demanding that retailers raise prices of the company's Cup Noodle and four other products in line with the company’s recommended retail price, MLex was told. The Osaka-based company is suspected to have violated the nation's Antimonopoly Act for resale-price maintenance.Japanese cup noodle maker Nissin Food Products is set to receive a warning from the country's competition watchdog for demanding that retailers raise the prices of the company's Cup Noodles and four other products in line with the company’s increased recommended retail price....

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