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Europe Daily Bulletin No. 11492

18 February 2016
ECONOMY - FINANCE / (ae) competition
Green light to acquisition of Procter & Gamble's cosmetic arm by Coty

Brussels, 17/02/2016 (Agence Europe) - On Tuesday 16 February, the European Commission cleared the acquisition of the beauty products businesses of Procter & Gamble by Coty, both of which are American competitors on this market.

The Commission investigated whether the acquisition would reduce competition and lead to higher prices for these consumer goods in Europe, in particular fragrances and colour cosmetics. P&G is to sell the following perfume brands to Coty: Alexander McQueen, Bruno...

Contents

COUNCIL OF EUROPE
ECONOMY - FINANCE
SECTORAL POLICIES
EXTERNAL ACTION
EDUCATION
INSTITUTIONAL
COURT OF JUSTICE OF THE EU
NEWS BRIEFS