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More Japanese companies raided in alleged condo-repair bid-rigging probe

By Sachiko Sakamaki ( April 23, 2025, 08:35 GMT | Insight) -- The scope of Japan’s antitrust probe into alleged bid rigging in condominium repair projects is widening, with Daikyo Anabuki Construction, Sumitomo Mitsui Construction subsidiary SMCR and more receiving on-site inspections by the Japan Fair Trade Commission. Today’s raids bring to roughly 30 the number of companies under investigation for suspected bid rigging in large-scale condo repair and renovation projects in the Kanto region, in and around Tokyo.The scope of Japan’s antitrust probe into alleged bid rigging in condominium repair projects is widening, with Daikyo Anabuki Construction, Sumitomo Mitsui Construction subsidiary SMCR and more receiving on-site inspections by the Japan Fair Trade Commission, or JFTC, today. ...

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