Bid-rigging regarding Tokyo 2020 Olympic Games test events has been voluntarily reported to the Japan Fair Trade Commission, according to sources.
Major advertising company ADK Holdings Inc. made the report under the revised 2006 Antimonopoly Law's Leniency Program, which reduces or eliminates possible surcharges, the sources said. In principle, the rate of reduction is greater for companies that voluntarily report earlier.
In cooperation with the JFTC, the special investigation squad of the Tokyo District Public Prosecutors Office has been investigating the case, which involves several parties including advertising giant Dentsu Inc., on suspicion of violations of the Antimonopoly Law.
