Source: BBC News [UK state media]
“Japan’s competition watchdog has raided some of the country’s biggest ice cream makers for allegedly forming a cartel to raise the price of their products. Some of the firms, including Meiji and Pocky maker Ezaki Glico, said this week that they have been subject to an “on-site inspection” by the Japan Fair Trade Commission (JFTC) over suspicions that they fixed the prices of frozen desserts. The JFTC said it is not releasing a statement regarding the investigation. The companies are suspected of inflating ice cream prices beyond increases in the cost of raw materials, even as the country faces a hot summer with record high temperatures.” (06/17/26)