Japan’s antitrust watchdog raided the country's four biggest beer makers on Wednesday over allegations they colluded to raise the price of their beverages.
The premises of Asahi, Sapporo, Kirin and Suntory Spirits was searched by the Japan Fair Trade Commission (JFTC), over suspicions of violating the Antimonopoly Act, amid concerns that an increase in the prices charged to wholesalers could impact consumers across the market that is worth more than ¥1 trillion (£4.79bn) annually.
