UK drops investigations against Symrise in fragrance cartel probe
The Competition and Markets Authority (CMA), the UK's competition watchdog, has officially announced that it has dropped its investigation into Symrise as part of its probe into possible illegal collusion in the perfume industry. CMA said it has taken the step on “administrative priority grounds.” However, the probe into three other major players — Firmenich International, Givaudan, and International Flavors & Fragrances (IFF) — remains active. "Symrise welcomes today's decision by... - Industry buzz / Europe
The Competition and Markets Authority (CMA), the UK's competition watchdog, has officially announced that it has dropped its investigation into Symrise as part of its probe into possible illegal collusion in the perfume industry.
CMA said it has taken the step on “administrative priority grounds.”
However, the probe into three other major players — Firmenich International, Givaudan, and International Flavors & Fragrances (IFF) — remains active.
"Symrise welcomes today's decision by...
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Industry buzz
/
Europe
