Japan ad giant and other firms indicted over alleged Olympic contract bid-rigging

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Japan ad giant and other firms indicted over alleged Olympic contract bid-rigging
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Six firms, including Japan's top ad agency Dentsu, have been indicted for bid-rigging ahead of the 2021 Tokyo Olympics. The scandal reveals a lack of competition in the planning stages of one of the world's biggest sporting events.

to prosecutors his firm's involvement in the bid rigging, Japanese media report. About half of the 26 test events had only one firm bidding for each, resulting in more than $300 million worth of contracts being awarded without any competition, a possible violation of Japan's antitrust law.in since the 1984 Los Angeles Olympics.

Prosecutors arrested a former Dentsu executive last year in a separate Olympic corruption probe.

One possible casualty of the corruption scandals is the northern Japanese city of Sapporo. Sapporo is the front-runner among possible hosts of the 2030 Winter Games. But it

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