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Unilever and Procter Gamble have been fined $456M for fixing washing powder prices in 8 European countries in 2011. The fines were discounted by 10% after the 2 industry giants admitted running a cartel. Their rival Henkel, who provided the tip-off, was not fined in return.

Feb 21, 2022•1 min read

Fun Fact: Unilever and Procter & Gamble have been fined $456M for fixing washing powder prices in 8 European countries in 2011. The fines were discounted by 10% after the 2 industry giants admitted running a cartel. Their rival Henkel, who provided the tip-off, was not fined in return.

Source

bbc.com

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