Brief: Portuguese Regulator Sanctions Auchan, Modelo Continente, Pingo Doce And Beiersdorf For Fixing Consumer Sales Prices
20/06/2022 17:34
June 20 (Reuters) - Autoridade da Concorrência (AdC):
* SANCTIONS AUCHAN, MODELO CONTINENTE, PINGO DOCE AND BEIERSDORF FOR FIXING CONSUMER SALES
PRICES
* TOTAL FINE OF 19.5 MILLION EUROS
* PINGO DOCE TO PAY 4.9 MILLION EUROS, MODELO CONTINENTE TO PAY 7.5 MILLION EUROS,
BEIERSDORF TO
PAY 4.4 MILLION EUROS, AUCHAN TO PAY 2.7 MILLION EUROS
* ADC DETERMINED THAT PRACTICE LASTED SEVEN YEARS BETWEEN 2011 AND 2017 AND TARGETED VARIOUS
BEIERSDORF PRODUCTS, SUCH AS DEODORANTS, SUNSCREENS, LIP BALMS AND FACE CREAMS
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