Spain Fines Sara Lee, Others €8M For Bath Gel Cartel

Law360, New York (January 28, 2010, 4:24 PM EST) -- Spain's competition regulator has hit Sara Lee Corp., Colgate-Palmolive Co. and Puig Beauty & Fashion Group SL with more than €8.3 million ($11.6 million) in fines for allegedly operating a cartel in the shower gel industry.

The penalties mark the first time the country's National Competition Commission has imposed fines under Spain's young leniency program, it said Wednesday.

The probe dates back to February 2008, when Spain's antitrust leniency program took effect and two of the cartel's members — Sara Lee and Henkel AG & Co....
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