Japan firms probed for antitrust practices in firefighting radio sales

Three Japanese firms, including electronics conglomerate NEC, said they are being investigated by Japan's Fair Trade Commission on suspicion of violating anti-monopoly laws in connection with sales of firefighting emergency radio systems.

Oki Electric Industry Co Ltd and Japan Radio Co Ltd also said in statements that they are under investigation.

All three firms said they are cooperating with authorities.

Tags

Japan, NEC, Fair Trade Commission, Oki Electric Industry, Japan Radio

Copyright Thomson Reuters. All rights reserved.