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Daily Archives: October 5, 2017

Greece’s Competition Commission fines French, US Cosmetics firms for “distorting competition”

Greece’s state competition watchdog has fined six prominent cosmetics firms, including Estee Lauder, L’Oreal and Christian Dior, some €19 million (SR83.98 million) for distorting competition. The Hellenic Competition Commission said Wednesday it had found “anti-competitive agreements between wholesalers of luxury cosmetics” aimed at fixing retail prices. According to AFP, Estee …

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