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Press conference by Joaquín Almunia, Vice-President of the EC, on a cartel case resolved through a settlement between leading European producers of washing powder and other laundry detergents

Joaquín Almunia, Vice-President of the EC in charge of Competition, gave a press conference after the EC decided to fine Procter & Gamble and Unilever a total of 315.2 million euro for operating a cartel together with Henkel in the market for household laundry powder detergents in eight EU countries. The fine on the two companies includes a 10% reduction for acknowledging the facts and enabling a swift conclusion of the investigation. Henkel got immunity for revealing the cartel to the Commission. The three companies are the leading producers of washing powder in Europe. The cartel lasted some three years and aimed at stabilising market positions and at coordinating prices in violation of EU and EEA antitrust rules (Article 101 of the EU treaty and Art. 53 of the EEA agreement). This is the third cartel settlement in a year.
Press conference by Joaquín Almunia, Vice-President of the EC, on a cartel case resolved through a settlement between leading European producers of washing powder and other laundry detergents
Joaquín Almunia at the podium
Reference: P-018771
Date: 13/04/2011
Press conference by Joaquín Almunia, Vice-President of the EC, on a cartel case resolved through a settlement between leading European producers of washing powder and other laundry detergents
Joaquín Almunia at the podium
Reference: P-018771
Date: 13/04/2011
Press conference by Joaquín Almunia, Vice-President of the EC, on a cartel case resolved through a settlement between leading European producers of washing powder and other laundry detergents
Joaquín Almunia
Reference: P-018771
Date: 13/04/2011
Press conference by Joaquín Almunia, Vice-President of the EC, on a cartel case resolved through a settlement between leading European producers of washing powder and other laundry detergents
Joaquín Almunia
Reference: P-018771
Date: 13/04/2011
Press conference by Joaquín Almunia, Vice-President of the EC, on a cartel case resolved through a settlement between leading European producers of washing powder and other laundry detergents
Joaquín Almunia
Reference: P-018771
Date: 13/04/2011
Press conference by Joaquín Almunia, Vice-President of the EC, on a cartel case resolved through a settlement between leading European producers of washing powder and other laundry detergents
Joaquín Almunia
Reference: P-018771
Date: 13/04/2011
Press conference by Joaquín Almunia, Vice-President of the EC, on a cartel case resolved through a settlement between leading European producers of washing powder and other laundry detergents
Joaquín Almunia
Reference: P-018771
Date: 13/04/2011
Press conference by Joaquín Almunia, Vice-President of the EC, on a cartel case resolved through a settlement between leading European producers of washing powder and other laundry detergents
Joaquín Almunia
Reference: P-018771
Date: 13/04/2011
Press conference by Joaquín Almunia, Vice-President of the EC, on a cartel case resolved through a settlement between leading European producers of washing powder and other laundry detergents
Joaquín Almunia
Reference: P-018771
Date: 13/04/2011
Press conference by Joaquín Almunia, Vice-President of the EC, on a cartel case resolved through a settlement between leading European producers of washing powder and other laundry detergents
Joaquín Almunia
Reference: P-018771
Date: 13/04/2011
Press conference by Joaquín Almunia, Vice-President of the EC, on a cartel case resolved through a settlement between leading European producers of washing powder and other laundry detergents
Joaquín Almunia
Reference: P-018771
Date: 13/04/2011
Press conference by Joaquín Almunia, Vice-President of the EC, on a cartel case resolved through a settlement between leading European producers of washing powder and other laundry detergents
Joaquín Almunia at the podium
Reference: P-018771
Date: 13/04/2011

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Press conference by Joaquín Almunia, Vice-President of the EC, on a cartel case resolved through a settlement between leading European producers of washing powder and other laundry detergents
Press conference by Joaquín Almunia, Vice-President of the EC, on a cartel case ...
Ref: 018771
Date: 13/04/2011



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