March 23, 2018 / 1:19 AM / 4 months ago

Japan to press charges against four firms over maglev train contracts

TOKYO (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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