EU Competition law and Cartels
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...Competition law and Cartels Introduction The European Commission adopted a decision setting a cartel case in which Procter and Gamble, Unilever and Henkel were involved. The product markets involved the household laundry powder detergent in Belgium, Germany, France, Greece, Italy, Portugal, Netherlands and Spain. In the final outcome, Procter and Gamble and Unilever paid a reduced fine of EUR 315 200 000 while Henkel benefitted from immunity as the whistleblower. The Treaty of Lisbon prohibits anti-competitive practices under Article 101 (1) including any agreements relating to price-fixing. However, Article 103 (3) provides for exemptions...