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Japan's antitrust watchdog has fined utility firms Chugoku Electric Power Co., Inc., Chubu Electric Power Co., Inc and Kyushu Electric Power Co., Inc. more than 100 billion Japanese yen ($754.6 million) for their anti-competitive behavior and forming a cartel, Reuters reported. The regulator hit Chugoku Electric Power with the biggest fine of JPY70.7 billion amongst the three firms.