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Greece: Regulators hit Procter & Gamble with a €5.3 million antitrust fine

By  |  April 29, 2015

Greece’s antitrust watchdog said Tuesday it has hit Procter & Gamble with a €5.3 million fine for violating the country’s competition law by squeezing out its competitors and restricting their growth possibilities in Greece’s baby diapers market.

In a statement the HCC said “According to the decision, the evidence gathered throughout the investigation substantiates that P&G has adopted and implemented during the investigated period 2003 – 2011 anticompetitive practices aimed at maintaining and/or strengthening its dominant position in the market for baby diapers, thereby excluding competitors and limiting their growth possibilities.”

 

Full Content: Hellenic Competition Commission

 

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