Japan beer giants raided over alleged price-fixing cartel

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- Asahi and Kirin confirmed their premises were searched by Japanese competition authorities.
- Investigators probe Asahi, Kirin, Suntory and Sapporo breweries – which together control more than 90% of Japan’s beer market Japanese authorities have raided the country’s four biggest breweries over suspicions they colluded to set the price of beer and other beverages – a practice media reports…