TOKYO - Five oil distributors, including Higashinihon Usami and ENEOS Wing, admitted charges of violating Japan's Antimonopoly Act by forming a cartel to coordinate diesel fuel prices at their first trial at the Tokyo District Court on September 3.
All five companies acknowledged the charges, telling the court that the allegations were correct.
Prosecutors said in their opening statement that representatives of the five companies met once a month at restaurants in Tokyo to discuss diesel selling prices and planned increases.
The companies agreed on price targets that included raising diesel prices by 2 yen per liter, prosecutors said.















