In Paris, major perfume giants have been fined for colluding to keep prices high. This is an update to a 2006 case prosecuted by French agencies monitoring competition in the luxe capital. A total of 13 companies are named in the decision, which concerns collusion practices that took place from 1997 till 2000.
For details on the developing story, click here.
Take part in a poll on my recent post: Christian Louboutin vs. YSL: A Battle of Trademarks.