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The JFTC Issued Cease and Desist Orders and Surcharge Payment Orders to the Participants in Bidding for the Country Elevator Works ordered by the Agricultural Cooperatives, etc. in Hokkaido.

The JFTC Issued Cease and Desist Orders and Surcharge Payment Orders to the Participants in Bidding for the Country Elevator Works ordered by the Agricultural Cooperatives, etc. in Hokkaido.

February 10, 2016
Japan Fair Trade Commission

The Japan Fair Trade Commission (JFTC) today issued the cease and desist orders and the surcharge payment orders to the participants in bidding for the manufacturing and installation works of country elevator ordered by the agricultural cooperatives, etc. in Hokkaido, finding that they substantially restrained competition in the field of the works by designating successful bidders and enabling those bidders to win the biddings. The total amount of the surcharge to be paid is 671.51 million yen.

In this hearing procedure, the JFTC notified the participants of the contents of the proposed orders in writing and provided them with opportunities to view and copy the evidence which became a basis for the orders and to submit their opinions and evidence to the JFTC. The orders have been issued after the JFTC took into consideration the opinions and the evidence submitted. A recipient dissatisfied with the orders may file a revocation suit against the JFTC as a defendant, within 6 months from such knowledge or within a year from the date of the orders.

*”Country elevator” means a facility for drying, husking and storage of grains.
*Every announcement is tentative translation. Please refer to the original text written in Japanese for more details.

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