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Edion Says It’s Being Probed by Japan Regulators

Nov. 16 (Bloomberg) -- Edion Corp., which operates electronics retail chains, is being probed by Japanese trade regulators, a company spokeman said.

“It’s true that we are being investigated by Japan’s Fair Trade Commision,” Masayuki Okajima, a spokesman for the Osaka-based company, said today by telephone. “We can’t make any comment because we haven’t been informed of the details of the allegation.”

Kyodo News reported that the company is being investigated for violation of the anti-monopoly law. Isao Kasubuchi, a spokesman at Japan’s Fair Trade Commission, declined to comment on the report when contacted by telephone.

Link to Company News:{2730 JP <Equity> CN <GO>}

To contact the reporter on this story: 堀江政嗣 in Osaka at mhorie3@bloomberg.net

To contact the editor responsible for this story: Drew Gibson at dgibson2@bloomberg.net

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