Japan’s Fair Trade Commission has contended that Seven-Eleven Japan, the convenience business of Seven & I, illegally pressured franchisees to avoid discounting the price of food products. In a statement, the competition watchdog claimed that 7-Eleven franchisees were advised not to reduce food prices with a reported implication that they would terminate the contracts of those who did. The FTC ordered the company to cease such practices but the company is reportedly considering appealing... ...Read more »