economy

Alleged ice-cream cartel in Japan investigated as sweltering summer looms

Six companies are suspected of colluding to use food inflation to raise the prices of their product

Alleged ice-cream cartel in Japan investigated as sweltering summer looms

TL;DR

  • Six companies are suspected of collusion.
  • The alleged collusion involves raising product prices.
  • Food inflation is cited as a means to justify price increases.
  • The investigation is ongoing.