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Singapore shipping magnate Teo Siong Seng and other container industry executives have been named in two civil lawsuits filed in California, alleging they orchestrated a global price-fixing scheme that artificially inflated container prices.
Japan's Fair Trade Commission has raided six of the country's largest ice cream makers, suspecting them of colluding to raise prices in a coordinated manner. Officials believe company representatives exchanged emails and held meetings to synchronize price hikes over several years.