[House search]Hakuhodo and Tokyu Agency jointly conduct Olympic bid rigging leading to an “unusual” situation of forced investigations of two major advertising companies

On the 28th, the Tokyo District Public Prosecutor’s Office and others launched a search of the homes of major advertising giants such as Hakuhodo in a bid-rigging case involving the Tokyo Olympics and Paralympics test competition business. On the 28th, the Tokyo District Public Prosecutors Office and the Japan Fair Trade Commission jointly searched the homes of advertising giants Hakuhodo and Tokyu Agency on suspicion of violating the Antimonopoly Act. On the 25th, the special investigation department and others conducted a search for Dentsu, the largest advertising company, and it developed into an unusual situation in which advertising companies were subjected to compulsory investigations one after another. According to people involved, Dentsu and Hakuhodo are suspected of collusion in multiple bids in 2018 related to competition test competitions. Regarding this bidding, based on the “leniency (= surcharge exemption system)”, the advertising company ADK has already voluntarily reported violations to the Fair Trade Commission. The Special Investigation Department and the Fair Trade Commission are analyzing the seized materials and investigating the background of the bidding as well as the involvement of the Organizing Committee. (Broadcast on November 28, 2022) #Hakuhodo #Tokyu Agency #Tokyo Olympics #Tokyo Paralympics #Nippon Television #News instagram.com/ntv_news24/?hl=ja TikTok https://www.tiktok.com/@ntv.news Twitter https://twitter.com/news24ntv ◇[Latest news LIVE delivery]NTV NEWS HP https:// news.ntv.co.jp