TOKYO, Aug 23 (Information On Japan) –
Japan’s Truthful Commerce Fee has issued a warning to main meals producer Nissin Meals for allegedly pressuring retailers nationwide to boost the promoting value of its cup noodles, a possible violation of the Antimonopoly Act.
In accordance with the Truthful Commerce Fee, Nissin Meals raised the costs of 5 merchandise, together with Cup Noodles, in 2022 and 2023. The corporate then pressured retailers, equivalent to supermarkets throughout the nation, to extend the promoting costs and even set costs for particular sale promotions.
Moreover, Nissin’s gross sales representatives visited some shops to test the costs in particular person.
On August 22, the Truthful Commerce Fee warned Nissin Meals that such actions would possibly represent “resale value upkeep,” which is prohibited below the Antimonopoly Act.
Supply: ANN
