By  on July 15, 2008

BERLIN — Germany’s Federal Cartel Office said Thursday it would fine the German subsidiaries of LVMH Perfumes and Cosmetics, Chanel, Estée Lauder, Clarins, L’Oréal, Coty Prestige Lancaster, Shiseido, YSL Beauté and Cosmopolitan Cosmetics Prestige (now called P&G Prestige Products) for price-fixing and collusion.

Also under investigation are 13 former or current managers of these subsidiaries.

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