EU
Unilever and Procter & Gamble in price fixing fine
Wednesday, April 13th, 2011The consumer products giants Unilever and Procter & Gamble (P&G) have been fined 315m euros (£280m, $456m) for fixing washing powder prices in eight European countries.
It follows a three-year investigation by the European Commission following a tip-off by the German company, Henkel.
Unilever sells Omo and Surf, P&G makes Tide, and Henkel sells Persil in certain […]
EU sanctions could hit clothing imports from Sri Lanka
Tuesday, September 15th, 2009Clothes have been imported tax-free to the UK from Sri Lanka over the past four years in a scheme set up to aid the country’s recovery after the tsunami in December 2004.
However, the benefits could soon be withdrawn as punishment for the Sri Lankan Government’s alleged human rights abuses during the recent civil war, according […]