Financial Wire

ENEOS Wing Faces Criminal Accusation by Fair Trade Commission Over Diesel Price Fixing Allegations

-- The Japan Fair Trade Commission has filed a criminal accusation against ENEOS Wing, an ENEOS (TYO:5020) company, for alleged violations of the Antimonopoly Act concerning diesel fuel sales prices to transportation companies.

ENEOS deeply apologized for the inconvenience caused to business partners, shareholders, and other stakeholders, and pledged full cooperation with the authorities' investigation, according to a Tokyo bourse filing on Friday.

The company will promptly disclose any new developments in the case as they arise, the filing read.

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ENEOS Wing Faces Criminal Accusation by Fair Trade Commission Over Diesel Price Fixing Allegations | Financial Wire