HomeNationalNomination of 9 corporations together with Kansai Electric Power Electricity Sales Cartel...

Nomination of 9 corporations together with Kansai Electric Power Electricity Sales Cartel Ministry of Economy, Trade and Industry | NHK

The Ministry of Economy, Trade and Industry supplied subsidies to 9 corporations, together with subsidiaries, in response to the issue that Chugoku Electric Power Co., Chubu Electric Power Co., and Kyushu Electric Power Co. had shaped a cartel with Kansai Electric Power Co. over electrical energy gross sales to companies. We have taken measures to droop the nomination of people who find themselves unable to take part within the initiatives to be ordered.

According to the announcement, it was
â–½Chubu Electric Power and its subsidiary “Chubu Electric Miraise”,
â–½Kansai Electric Power Co., Ltd. and its subsidiary “Kansai Electric Power Transmission and Distribution”,
â–½ Chugoku Electric Power Co., Ltd. and its subsidiary, Chugoku Electric Power Network Co., Ltd.
â–½ Nine corporations, Kyushu Electric Power and its subsidiaries “Kyuden Mirai Energy” and “Kyushu Electric Power Transmission and Distribution”.

Chugoku Electric Power Co., Chubu Electric Power Co., and Kyushu Electric Power Co. stated that they shaped a cartel with Kansai Electric Power Co. to keep away from competing for patrons over gross sales of electrical energy to enterprise operators. In complete, he was ordered to pay a surcharge of greater than 100 billion yen.

In addition, concerning the issue of unauthorized entry to buyer info of rivals, the Electricity and Gas Market Surveillance Commission suggested the Minister of Economy, Trade and Industry to problem enterprise enchancment orders to every firm.

The interval of measures for every firm is as follows for the mum or dad firm:
â–½ Kansai Electric Power and Chugoku Electric Power Co., Ltd.
â–½ Chubu Electric Power for 3 to 9 months,
â–½ Kyushu Electric Power is from 3 days to 7 months.

Source

Latest