85
Fashion Jobs
JO MALONE LONDON
Education Manager, Jml/lm
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Senior HR Operations Executive/ Assistant Manager
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager (Franchise)
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Commercial, Adigolf, Vietnam 1
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager 1 (Franchise)
Permanent · HO CHI MINH CITY
COLUMBIA
lo Costing & Engineering Manager
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Category Manager - Cpd
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Business Planning Manager - Cpd
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager Product Creation (Sportwear)
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Product Manager - Shu Uemura
Permanent · HO CHI MINH CITY
ADIDAS
Manager, Quality Product Integrity
Permanent · HO CHI MINH CITY
TAPESTRY
Manager, Manufacturing Engineer
Permanent · HO CHI MINH CITY
SPECIALIZED
Painting Quality Engineer - Bình Dương, Vietnam
Permanent ·
ON RUNNING
Social Compliance Specialist - Hcm Based
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Sourcing Operations
Permanent · HO CHI MINH CITY
WILLIAMS SONOMA
Wood Sustainability Specialist - (Global)
Permanent · THUẬN AN
PUMA
Manager Quality Apparel & Accessories
Permanent · HO CHI MINH CITY
PUMA
Senior Executive, Finance
Permanent · HO CHI MINH CITY
PUMA
Head of Quality Footwear
Permanent · HO CHI MINH CITY
PUMA
Quality Engineer Cobra
Permanent · HO CHI MINH CITY
PUMA
Key Account Manager, Marketplace E-Com
Permanent · HO CHI MINH CITY
ON RUNNING
Head of Footwear Sourcing
Permanent · HO CHI MINH CITY
By
AFP
Published
May 31, 2010
Download
Download the article
Print
Text size

Cosmetic-makers flout anti-cartel rules

By
AFP
Published
May 31, 2010

GENEVA, May 28, 2010 (AFP) - Cosmetics and perfume-makers have flouted Swiss anti-cartel rules and should be fined up to 25.5 million francs (17.9 million euros, 22.2 million dollars) for price fixing, regulators said on Friday 28 May.



The investigative arm of Switzerland's Competition Commission (COMCO) said it had carried out a probe of companies in the Association of Manufacturers, Importers and Distributors of Cosmetic Products and Perfumes, including Parfums Christian Dior AG, Chanel Geneve SA and L'Oreal Produits de Luxe Suisse SA, and that it had found evidence of price-fixing.

"The indications became clearer during the course of the investigation that the concerned companies were able to harmonise their prices and cement their part of the market thanks to an information exchange," the COMCO secretariat said.

"The secretariat qualifies the behaviour of these companies as an illicit accord on prices and quantities," it added.

The secretariat recommended that COMCO impose fines between 17,000 and 25.5 million francs, with the level calculated according to the sales generated by each company and the severity of the offence.

A spokeswoman from L'Oreal rejected the allegations.

"L'Oreal Produits de Luxe Suisse SA and YSL Beaute Suisse SA deny any breach of the Cartel Act that could have been intended to distort competition," said the spokeswoman.

She added that the companies "reject the allegations made against them and will respond to the COMCO Secretariat in due course after receiving and analysing the proposed decision concerning them."

COMCO is expected to make a final decision following hearings.

Copyright © 2024 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.