Japan Fair Trade Commission
On June 29 and August 1, 2005, the Fair Trade Commission of Japan (JFTC) found a criminal violation of the Antimonopoly Act and filed an accusation with the Public Prosecutor General against Yokogawa Bridge corp., and other 5 companies and 5 individuals of the said companies engaged in bidding for steel bridge construction projects and the Vice President of Japan Highway Public Corporation.The JFTC considered that another Executive Director of Japan Highway Public Corporation was involved in the criminal violation of the Antimonopoly Act, and today filed an accusation additionally with the Public Prosecutor General against him in accordance with Section 73(1) of the Antimonopoly Act.
1. Accused individual
The Executive Director of the Japan Highway Public Corporation
2. Ground of the accusation
The individual mentioned in item 1, in conspiracy with the individuals who were the former Executive Director as well as the Vice President, the former Executive Director reemployed by Yokogawa Bridge Corp., and the individuals of the 47 companies engaged in bidding for the steel bridge construction projects ordered by the Japan Highway Public Corporation, agreed that they would decide in advance the winner of a tender for steel bridge construction projects ordered for competitive bids by the Japan highway Public Corporation in FY 2004 and would bid at a price convenient for the winner to win. The 47 companies substantially restricted competition contrary to the public interest,in the field of bridge construction mentioned above, by mutually restricting and coordinating their business activities, deciding the winner according to the agreement.
(2) Relating laws
Section 89(1)(i), Section 95(1) (i), Section 3 of the Antimonopoly Act, and Section 60 of Criminal Code
*Every announcement is tentative translation. Please refer to the original text written in Japanese.