Japan's FTC fines Mitsui Chem,Mitsubishi Plastics in PE pipe cartel case

摘要

Japan's Mitsui Chemicals was ordered by Japan's Fair Trade Commission to pay a Yen 787 million (6.4 million) fine for violating Japan's antitrust law,the company said in a statement June 29.The same Japanese agency ordered Mitsubishi Plastics to pay Yen 127 million (1.03 million) extra charge for also violating the country's antitrust law,Mitsubishi confirmed June 29.Both Mitsui and Mitsubishi was ordered to pay by October 1,2007.