Givaudan S.A. and other global fragrance companies are facing a new antitrust suit accusing them of a conspiracy to raise and fix prices of products sold to retailers.
Our Own Candle Co. Inc., based in Findley Lake, N.Y., argued in its lawsuit, filed Tuesday, that the defendants violated Section 1 of the Sherman Act by reducing or eliminating competition for fragrance products.
The defendants colluded by discussing competitive information, supplying only to certain customers, and agreeing to limit production, according to the proposed class action filed in the US District Court for the District of New Jersey. They also control ...
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