Thursday, December 8, 2011, 11:46 AM
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.
1 Comment[Consumer, Global & FX]
Wednesday, April 13, 2011, 8:12 AM
The EU fines Unilever (UL +0.9%) and P&G (PG +0.4%) €315M ($456M) for fixing washing powder prices in eight countries. Germany's Henkel (HENKY.PK), which alerted the European Commission to the cartel, was not penalized.
1 Comment[Top Stories, Consumer]