The French Competition Authority accepts commitments but fines two companies for having entered into an agreement on the sector of laundry cleaning and renting (Elis / Initial BTB)

Press Release published on the official website of the French Competition Authority.

Agreement in the sector of laundry cleaning and renting fined up to 18 million euros: The Conseil de la concurrence accepts innovative commitments from the sector's two leaders - Elis and Initial BTB – who will create a “whistleblowing” system for competition law infringements.* Upon the referral of the Minister of Economy in July 2004 as regards the situation of competition on the market for laundry renting and cleaning, the Conseil de la concurrence gives its decision today in which it penalizes 7 companies members of the Elis group and the company Initial BTB,

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French Competition Authority, The French Competition Authority accepts commitments but fines two companies for having entered into an agreement on the sector of laundry cleaning and renting (Elis / Initial BTB), 26 June 2007, e-Competitions Bulletin Commitment Decisions, Art. N° 60672

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