Britain’s Competition and Markets Authority (CMA) has expanded its investigation into alleged anti-competitive practices in the perfume sector, targeting in particular the firms Givaudan and Firmenich.
This content was published on
2 minutes
Keystone-SDA
The British regulator announced on Wednesday in a statement that it had extended its probe into “alleged illegal coordination” between Firmenich International (which merged with the Dutch specialty chemicals firm DSM in 2023), Givaudan and the American International Flavors & Fragrances.
The CMA widened its investigation to “reciprocal arrangements regarding the recruitment of certain employees involved in the supply of perfumes or perfume ingredients” it said.
The German firm Symrise is also being investigated by the CMA.
In March 2023, the European Commission announced that it had carried out inspections on the premises of companies active in the perfume industry used in particular in household and body care products, suspected of anti-competitive practices.
The investigation concerns “possible collusion in the supply of perfumes and perfumery ingredients”. Fragrances are used in the manufacture of consumer products such as household and personal care products.
The same month the Swiss Competition Commission (Comco) also opened an investigation. Comco has evidence that the companies may have violated cartel law. They allegedly coordinated their pricing policy, prevented their competitors from supplying specific customers and restricted the production of certain perfumes.
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles. You can find them here.
If you want to know more about how we work, have a look here, and if you have feedback on this news story please write to english@swissinfo.ch.
External Content
Your subscription could not be saved. Please try again.
Almost finished… We need to confirm your email address. To complete the subscription process, please click the link in the email we just sent you.
Living longer: What do you think about the longevity trend?
The longevity market is booming thanks in part to advances in the science of ageing. What do you think of the idea of significantly extending human lifespan?
Over 50 former diplomats blast Switzerland for ‘silence’ on Israel
This content was published on
In a joint letter, 55 former diplomats have expressed their shock at Switzerland’s “silence and passivity” regarding Israel’s “war crimes” in Gaza.
Swiss Solidarity donations surpass CHF4 million for landslide victims
This content was published on
As of Sunday morning, Swiss Solidarity’s provisional donation amount for the landslide area was around CHF4.3 million ($5.2 million).
Swiss aid expert criticises Gaza Humanitarian Foundation
This content was published on
The aid work of the Gaza Humanitarian Foundation is insufficient says Swiss government Delegate for Humanitarian Aid Dominik Stillhart.
Danger in Lötschental valley landslide area remains high
This content was published on
According to the authorities in canton Valais, the danger in the landslide area in the Lötschental valley remains very high on Sunday.
Swiss president visits region affected by glacier collapse
This content was published on
Swiss President Karin Keller-Sutter spoke with communities affected by the Birch glacier collapse, which buried the village of Blatten.
This content was published on
On Saturday the Lake Geneva, Valais and Basel regions are expected to record the first tropical day of the year, with temperatures exceeding 30°C.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.