France fines cosmetic companies $1.1b for price collusion
December 19, 2014 00:00:00
PARIS, Dec 18 (AFP): France's competition authority on Thursday slapped 13 top manufacturers of cosmetics and cleaning products with US $1.1 billion in fines for price collusion between 2003 and 2006. A first fine of 345.2 million euros for collusion on the prices of household cleaning products was imposed on Colgate-Palmolive, Henkel, Unilever and Procter & Gamble.
