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The Economic Times

India investigates global fragrance giants over price collusion, document shows

India United States CCI Competition Commission of India Givaudan IFF

NEW DELHI - Global fragrance makers Givaudan, Firmenich and International Flavors & Fragrances face a second antitrust investigation by Indian authorities, according to a regulatory document seen by Reuters.

The latest case relates to alleged price collusion since 2024, said a source ‌close to the ⁠matter, ⁠and follows an ongoing investigation into accusations that the companies struck labour anti-poaching deals.

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