Cartel-Suspected Brewers Held Beer Prices Steady after 2023 Tax Cut
Tokyo, Oct. 24 (Jiji Press)--Japan's four major beer companies, suspected of price collusion, kept shipping prices unchanged after the 2023 tax cut of 19 yen per liter of beer, citing higher costs, it was learned on Saturday. Meanwhile, they all implemented a price hike of 20 yen per liter in 2025, according to informed sources. The Japan Fair Trade Commission is investigating a possible...