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Unilever, Henkel, Colgate, P&G to pay combined €361 million.
December 8, 2011
By: TOM BRANNA
Editor
The French anti-trust authority has fined some of world’s biggest laundry detergent makers a combined €361.3 million after finding they had formed a cartel that fixed sale prices and promotions towards the French retail grocery sector (supermarkets and hypermarkets). Unilever, Henkel, Colgate Palmolive Co. and Procter & Gamble Co.agreed to coordinate their commercial strategy on all their products during the seven-year period, albeit with an interruption between October 1998 and November...
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