Nip Impressions logo
Mon, May 13, 2024 11:25
Visitor
Home
Click here for Pulp & Paper Radio International
Subscription Central
Must reads for pulp and paper industry professionals
Search
My Profile
Login
Logout
Management Side
Mexico fines tampon, diaper makers for price fixing

MEXICO CITY (From news reports) -- A regulatory commission in Mexico fined three manufacturers of tampons and diapers just over $15 million Monday for allegedly conspiring to fix prices for the products.

Mexico's Commission on Economic Competition said the price-fixing probably cost consumers about $73 million in artificially inflated prices.

The three companies did not respond to requests for comment on the fines.

The commission charged that the companies agreed not to compete on prices for diapers from 2008 to 2014 and on tampons from 2011 to 2014. It said the price-fixing was especially egregious because it affected health and hygiene products that families depend on.

The companies fined were Essity México, Kimberly Clark de México and Productos Internacionales Mabe. The commission said Mabe did not fix prices on tampons, but did on diapers.

Readers, please tell your suppliers that you read Paperitalo Publications


Printer-friendly format

 





Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: