Puig To Appeal €2.4M Spanish Bath Gel Cartel Fine

Law360, New York (February 3, 2010, 4:50 PM EST) -- Puig Beauty & Fashion Group SL intends to appeal the Spanish competition regulator's decision to fine the cosmetics maker €2.4 million ($3.4 million) for allegedly participating in a shower gel industry cartel with several other companies, including Sara Lee Corp. and Colgate-Palmolive Co.

Puig will ask the country's High Court to consider the Jan. 21 decision from Spain's National Competition Commission that imposed a total of €8.3 million ($11.6 million) in penalties on the three consumer products companies, Puig said Monday.

The Barcelona-based cosmetics company asked...
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