The Tokyo District Court fines three galvanized steel sheet companies and six former sales executives guilty of violating Japan’s Antimonopoly Act for participating in a price-fixing cartel (Nisshin / NSS / JFE)

On September 15, 2009, the Tokyo District Court found three galvanized steel sheet companies and six former sales executives guilty of violating Japan’s Antimonopoly Act (“AMA”) for participating in a price-fixing cartel. According to publicly available sources, including prosecution materials submitted by the Japan Fair Trade Commission (“JFTC”), representatives of Nisshin Steel Co., Ltd. (“Nisshin”), Yodogawa Steel Works, Ltd. (“Yodogawa”), Nippon Steel & Sumikin Coated Sheet Corporation [1] (“NSS”), and JFE Galvanizing & Coating Co., Ltd. (“JFE”) met repeatedly between around April 2006 and June 2006, and agreed to raise the sales price of galvanized steel sheets by 10 yen per

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  • O’Melveny & Myers (Tokyo)

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Yoji Maeda, The Tokyo District Court fines three galvanized steel sheet companies and six former sales executives guilty of violating Japan’s Antimonopoly Act for participating in a price-fixing cartel (Nisshin / NSS / JFE), 15 September 2009, e-Competitions September 2009, Art. N° 69952

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