FTC Issues Cease-and-Desist Order over Nagano Gasoline Price Cartel

Tokyo, Nov. 26 (Jiji Press)--The Japan Fair Trade Commission on Wednesday issued a cease-and-desist order to a group of oil companies in the northern part of Nagano Prefecture over forming a price cartel for gasoline sold at gas stations in the central Japan prefecture. The antimonopoly watchdog also ordered 17 member businesses of the group to pay a total of 116 million yen in fines. The m...