Japanese ad agency Hakuhodo ‘admits’ to role in Tokyo Olympics rigging
Authorities in Tokyo recently raided offices of Dentsu, ADK Holdings in this connection
by
Published: Dec 21, 2022 9:12 AM | 1 min read
Follow Us
Hakuhodo, a Japanese advertising and PR company, has admitted to rigging bids for hosting the 2020 Tokyo Olympics, media networks have reported.
Authorities monitoring fair trade practices in Tokyo recently raided offices of Dentsu, ADK Holdings in this connection.
The ad agency had allegedly informed Dentsu about the contracts it wanted to win and later they were the sole bidders for the same.
Dentus and Hakuhodo have agreed to cooperate with the authorities in the investigation.
Read more news about Marketing News, Advertising News, PR and Corporate Communication News, Digital News, People Movement News
For more updates, be socially connected with us on
Instagram,
LinkedIn,
Twitter,
Facebook,
YouTube
&
Google
News
