French Competition Authority Fines Personal-Care Firms For Price Fixing
This article was originally published in The Rose Sheet
Executive Summary
In a Dec. 18 release, France’s competition authority, the Autorité de la concurrence, announces it has fined 11 personal-care firms for price fixing in supermarkets during the 2003-2006 period. The penalties amount to more than $744 million; L’Oreal says it will appeal its fine.