The Italian Competition Authority detects and punishes a cartel between cosmetics and drugs producers aimed at fixing the retail products prices and at weakening the market power of distributors

The Italian Competition Authority (hereafter Agcm) has fined 16 producers of cosmetics, drugs and soaps a total of € 81.181.335 for operating a complex price-fixing cartel having as its object the restriction of competition which harmed Italian consumers of cosmetics, drugs and soaps for seven years. The relevant geographic market was defined as Italy. During the seven years the undertakings agreed prices, exchanged important information about the market and about the relationships with the distributors and coordinated their commercial

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  • DG COMP (Brussels)

Quotation

Andrea Usai, The Italian Competition Authority detects and punishes a cartel between cosmetics and drugs producers aimed at fixing the retail products prices and at weakening the market power of distributors, 15 December 2010, e-Competitions December 2010, Art. N° 34795

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