March 23, 2018 / 1:19 AM / 6 months ago

Japan to press charges against 4 firms over maglev train contracts

TOKYO, March 23 (Reuters) - The Japan Fair Trade Commission said on Friday that it would press criminal charges against four construction firms for suspected collusion over contracts for an $80 billion high-speed magnetic levitation (maglev) train line.

The targeted firms include Shimizu Corp, Kajima Corp, Obayashi Corp and Taisei Corp. (Reporting by Yoshiyasu Shida Writing by Minami Funakoshi Editing by Chang-Ran Kim)

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