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Trade Panel Warns 29 Japanese Firms over Suspected Bid-Rigging.

Kyodo News International, Tokyo Knight Ridder/Tribune Business News

Jun. 13--TOKYO--The Fair Trade Commission (FTC) on Friday issued warnings to 29 construction firms suspected of bid-rigging over a series of projects commissioned by an association of land owners involving the area surrounding JR Iwakiri Station in Sendai, Miyagi Prefecture.

The FTC reprimanded the companies, including major Tokyo-based general contractors such as Kajima Corp. and Hazama Corp., but stopped short of punishing them due to lack of evidence.

According to the comm

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