Breaking News

FMCG Companies Face Fines in Germany

March 19, 2013

P&G, L'Oreal, GSK and Beiersdorf charged with info sharing.

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 retailers and negotiations with retailers.


The probe was triggered by Colgate-Palmolive, which escaped fines for its role as whistleblower. The watchdog had already fined nine companies a total of 24 million euros as part of the same investigation in 2008 and 2011.


L'Oréal and P&G both said they would appeal the decision.

blog comments powered by Disqus
  • Innovation On Display

    Melissa Meisel, Associate Editor||February 3, 2016
    P&G Beauty Digital Studio showcases new products for 2016

  • Crowning Glory

    Crowning Glory

    Christine Esposito , Associate Editor||February 3, 2016
    Celebrity stylists and experts from leading hair care brands talk about the ingredients and formats driving the styling sector.

  • Electric Slide

    Electric Slide

    Melissa Meisel, Associate Editor||February 3, 2016
    Skin care devices bring anti-aging to the next level