Topic

#price-fixing

2 stories tagged

Singapore Shipping Executive Teo Siong Seng Faces US Civil Lawsuits Over Container Price-Fixing Allegations

Singapore shipping magnate Teo Siong Seng and other container industry executives face two civil lawsuits in California alleging participation in a global price-fixing cartel that artificially inflated shipping container prices between 2019 and 2021.

By Indira Menon · 17 Jun 2026 · 5 min read

Japan's Competition Watchdog Raids Major Ice Cream Makers Over Price-Fixing Allegations

Japan's Fair Trade Commission has raided six major ice cream manufacturers on suspicion of coordinating price increases over several years, potentially exploiting inflation to boost margins beyond ingredient cost justification.

By Indira Menon · 17 Jun 2026 · 4 min read