The Tokyo District Court awards damages to the Japanese State in a bid-rigging case concerning the supply of jet fuel (Kosumo Sekiyu)

I. Introduction In a judgment of 27 June 2011, the Tokyo District Court ordered nine oil companies to pay a total of 8.4 billion yen (104 million dollars at the time) to the Japanese State in restitution. The oil companies had violated the Japanese Antimonopoly Act by engaging in bid-rigging for the supply of jet fuel and other oil products to the Japanese military. The bid-rigging scheme was first uncovered by the Japan Fair Trade Commission and led to criminal and administrative proceedings. The Japanese State subsequently brought a civil action seeking restitution of the overcharge, based on the theory of unjust enrichment. The amount awarded by the court constitutes one of the highest antitrust recoveries ever awarded in Japan. The judgment addresses several issues that

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

Quotation

Simon Vande Walle, The Tokyo District Court awards damages to the Japanese State in a bid-rigging case concerning the supply of jet fuel (Kosumo Sekiyu), 27 June 2011, e-Competitions June 2011, Art. N° 50858

Visites 410

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues