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Japan's Hashimoto Sogyo resolves antitrust probe with payments to logistics companies

By Hiroki Yajima ( December 12, 2024, 09:34 GMT | Insight) -- Japanese wholesaler Hashimoto Sogyo has successfully concluded an antitrust investigation after the Japan Fair Trade Commission approved the company's remedial commitment package, which includes a refund plan. This marks the first instance of the JFTC issuing an administrative punishment under special rules designed to prevent the exploitative treatment of logistics companies by cargo owners, a regulation introduced two decades ago. Japanese wholesaler Hashimoto Sogyo has successfully concluded an antitrust investigation after the Japan Fair Trade Commission, or JFTC, approved the company's remedial commitment package, which includes a refund plan....

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