France hands cosmetic and hygiene firms 951mln-euro fine for price fixing


France's competition watchdog said the 13 firms, including L'Oréal and Procter & Gamble, colluded on price increases between 2003 and 2006.

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Some of the world’s biggest consumer products companies, including Unilever, Reckitt Benckiser, Procter & Gamble and Gillette, have been fined a combined total of 951million euros (£748m) by the French competition watchdog for price fixing in supermarkets, reports The Guardian.