Japan puts the heat on suspected ice cream cartel
This illustrative picture shows ice cream in a convenience store in Tokyo on June 17, 2026. (AFP)
Summer is coming, a boom time for ice cream makers, but Japanese authorities have raided six major firms on suspicion of colluding to raise prices.
Among the country's biggest ice cream firms, the six "are suspected of colluding" to hike prices, a source familiar with the matter told AFP on June 17.
Company officials are thought to have sent emails or met up for years to coordinate the timing and size of hikes, the unnamed source said.
