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Legal Briefing
Coming out in the wash – laundry detergent price fixing and other recent competition law developments
Practice Area: EU Competition Law
Sector: Retailing and services
Jurisdiction: European Union
Published: 13 July 2011
Law Firm: LG
Overview
This round-up of recent developments in EU and UK competition law from LG discusses the impact of the European Commission decision to fine Unilever and Procter & Gamble a total of €315 million following a three year investigation into price fixing in relation to washing powder.
It also discusses the €10.2m fine on on Visa International and Visa Europe imposed by the European Commission for excluding Visa’s US rival, Morgan Stanley, from entering the UK payment card market.
The High Court ruling that Heathrow Airport Limited, a subsidiary or BAA, has abused its market dominance in relation to airport parking is also reviewed.
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