Japanese regulator penalises Big Three for price-fixing: report
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Japanese regulator penalises Big Three for price-fixing: report

Rachel Dalton
27 December 2023
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Japan’s Financial Services Agency (FSA) has issued business-improvement orders for Tokio Marine, MS&AD and Sompo for price-fixing, according to a Bloomberg report.

The watchdog began investigating the trio in the summer, following allegations that they had colluded to coordinate prices on policies sold to railway operator Tokyu.

Dozens

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News Sompo Tokio Marine MS Amlin Regulation
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Rachel Dalton
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