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Cour de Cassation issues ruling on price fixing activities from 1997-2000.
November 30, 2010
By: TOM BRANNA
Editor
France’s leading prestige beauty players may have to pay out a total of 46.2 million euros, or $61.8 million at current exchange, in fines for cartel activities dating from more than a decade ago. The Cour de Cassation, France’s highest court, last week overturned a 2009 appeals court decision dismissing the case for allegations of price-fixing practices between 1997 and 2000. A spokeswoman for the Autorité de la Concurrence, whose predecessor, the Conseil de la Concurrence, sente...
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