Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

DeNA Shares Set to Pare Gains After Fair Trade Investigation

The home page of the Mobage-town gaming website, operated by DeNA Co., is displayed on a mobile phone in Tokyo. Photographer: Tomohiro Ohsumi/Bloomberg
The home page of the Mobage-town gaming website, operated by DeNA Co., is displayed on a mobile phone in Tokyo. Photographer: Tomohiro Ohsumi/Bloomberg

Dec. 8 (Bloomberg) -- DeNA Co. shares were set to pare gains in Tokyo after the social network website operator confirmed the company is under investigation by the nation’s Fair Trade Commission.

The shares were untraded with sell offers outnumbering bids by about 6 to 1 on the Tokyo Stock Exchange as of 12:32 p.m. local time. They had gained 1.2 percent to 2,732 yen before a Nikkei newspaper report of the investigation.

The Japanese operator of the Mobage-town gaming website may have tried to bar game developers from providing content to competitor Gree Inc., the Nikkei said.

A DeNA spokesman, Tetsuhiro Kaneko, confirmed the commission is investigating the company.

Link to Company News:{2432 JP <Equity> CN <GO>} Link to Company News:{3632 JP <Equity> CN <GO>}

To contact the reporter on this story: Yoshinori Eki in Tokyo at yeki@bloomberg.net

To contact the editor responsible for this story: Steven McPherson at smcpherson@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.