June 23/2008
Japan Fair Trade Commission
On February 20, 2008 the Japan Fair Trade Commission (JFTC) issued cease and desist orders to five companies and issued a surcharge payment order to one company. By the deadline of request for hearing, Manuli Rubber industries S.p.A. requested hearing in relation to the cease and desist order and the JFTC commenced the procedures for hearing in accordance with the provision of Paragraph 3,Article 52 of the Antimonopoly Act. On June 17, 2008, however, the company withdrew in writing the request for hearing pursuant to the provision of Paragraph 4, Article 52 of the Antimonopoly Act. By this withdrawal, the cease and desist order against the company became final and binding.
(Refer to the Press Release dated May 15,2008 on the JFTC website for the outline of the commencing hearing procedures and refer to the Press Release dated February 22, 2008 on the JFTC website for the outline of the cease and desist order in this case.)
Outline of the Party who withdrew the Request for Hearing
Party who withdrew the request for hearing (Hearing case No.) | Representative | Principal Office |
---|---|---|
Manuli Rubber Industries S.p.A. (Hearing No. 17 of 2008) | Dardanio Manuli | Piazza della Repubblica, 14/16, Milano, Lombardia, Republic of Italy |
*Every announcement is tentative translation. Please refer to the original text written in Japanese.