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Nissin Food Products, a major Osaka-based food company, has been warned by Japan's Fair Trade Commission for potentially violating the antimonopoly law. The warning was issued after Nissin was found to have pressured retailers, including supermarkets and drugstores, to increase the prices of five of its instant noodle products. This action is considered a form of price-fixing, which is against Japan's competition regulations.
Nissin Gets Antitrust Warning over Instant Noodle Prices https://t.co/uoGUHzHXpP
Nissin hit with warning after repeatedly price-fixing noodles | The Asahi Shimbun Asia & #Japan Watch https://t.co/RgVFaLCWYa
Nissin warned for pressuring retailers to raise prices of 5 products: Japan’s Fair Trade Commission has issued a warning to Osaka-based food giant Nissin Food Products for pressuring supermarkets and drugstores to raise retail… https://t.co/HWJYHQbfcO #japannews #japantoday
