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Thursday, Dec 8
2011, 11:46 AM
Procter & Gamble (PG) is slapped with a €233.6M (~$310M) fine for fixing...
Procter & Gamble (PG) is slapped with a €233.6M (~$310M) fine for fixing laundry detergent prices in France during 1997-2004; Colgate-Palmolive (CL) and Henkel (HENKY.PK) are hit with smaller fines. The companies "met secretly several times a year in hotels and restaurants to discuss pricing and discount strategies," the French antitrust authority says.