Suspected ice cream price cartel: Are executives at each company regularly exchanging information?
⚡ Quick Summary
On the 16th, the Fair Trade Commission conducted on-site inspections of six companies, including major food manufacturers, on suspicion of forming a cartel to raise the price of ice cream.
On the 16th, the Fair Trade Commission conducted on-site inspections of six companies, including major food manufacturers, on suspicion of forming a cartel to raise the price of ice cream. It appears that executives from each company held regular meetings to exchange information on the extent of price increases, etc., and the Fair Trade Commission plans to investigate the fraudulent price adjustments.
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