Advertising giant Dentsu raided for alleged bid rigging at Olympic test events in Tokyo

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Prosecutors in Tokyo raided the headquarters of ad giant Dentsu and elsewhere on Friday for allegedly rigging tenders for the rights to host testing events for the Tokyo Olympics.

The search, which also involved Tokyo-based event organizer Cerespo, came after another Japanese ad agency, ADK Holdings, reported to the fair trade watchdog that it had participated in bid rigging.

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