Spanish anti-trust authorities have meted out euro 50 million ($70 million) in fines for price-fixing involving beauty parlor products sold by local units of companies such as L’Oréal and Procter & Gamble. The National Competition Commission says eight companies formed a cartel as far back as 1989, called it the G8 and have been meeting twice a year to coordinate pricing and other strategies. The panel said in a statement Thursday that Henkel Iberica, a company that wa...