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P&G, L'Oreal, GSK and Beiersdorf charged with info sharing.
March 19, 2013
By: TOM BRANNA
Editor
Germany’s cartel office said it would fine a number of consumer goods companies $51 million for taking part in anti-competitive sharing of information. The cartel office said that L’Oréal, Procter & Gamble, Beiersdorf, GlaxoSmithKline and Erdal-Rex (a cleaning products company), had shared information between 2004 and 2006 during working groups on personal care, laundry and cleaning products. The information exchanged included upcoming price increases, discounts demanded by re...
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