Get all your news in one place.
100's of premium titles.
One app.
Start reading
WEKU
WEKU
Anthony Kuhn

Japan ad giant and other firms indicted over alleged Olympic contract bid-rigging

The Japanese flag and Olympic rings are seen at the Japan Olympic Museum near the National Stadium in Tokyo on Feb. 17. (Yuichi Yamazaki/AFP via Getty Images)

SEOUL, South Korea — Japan's largest advertising agency Dentsu and five other firms have been indicted for alleged bid-rigging in the run-up to the 2021 summer Olympics. The deepening scandal suggests that preparations for some of the world's highest-level sporting competitions were anything but competitive.

Prosecutors issued the indictments after receiving complaints from Japan's Fair Trade Commission. The complaints say that Dentsu, its main rival Hakuhodo, and four other firms and seven individuals rigged bids for Olympic test events.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.