European Commission Launches Investigation Into Possible Fragrance-Related Collusion

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It is trying to find if there’s any collusion linked to the supply of fragrance and fragrance ingredients.

The commission said it has been in contact with the U.S. Department of Justice’s Antitrust Division, the U.K. Competition and Markets Authority and the Swiss Competition Commission related to this subject. The inspections took place in consultation with them.

“The commission officials were accompanied by their counterparts from the national competition authorities of the member states where the inspections were carried out,” the EC said., unannounced inspections are the first step into investigating anticompetitive practices. The commission underlined that such inspections being carried out doesn’t mean the companies are guilty and that they do not prejudge the investigation’s outcome.

 

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