Japan's Kyodo News reported, the Quick Search the Ministry of the Tokyo District Public Prosecutor's Office responsible for investigating bearing a price cartel case before the grounds of violation of antitrust laws. "Sued the Japanese Seiko, NTN, and Fujio three manufacturers and threethe company responsible for operating the directors of a total of seven people indicted.
The bearing of the Japanese domestic market size of 400 billion yen (about 32 billion yuan). In the cartel-related cases so far, the case is the maximum level of the amount of money involved. Before prosecuted for the Fair Trade Commission Report of the three companies and seven people.
According to the Commission revealed that the three companies from the
May 2010 meeting in Tokyo, etc. to reach an agreement, the machine tool bearings raise the price by 8% -10%, Japan's Seiko and NTN also car bearing the price per kilogram of rose about 20 yen to reach an agreement. Allegedly, the two agreements come into effect from around July of that year.
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