Colombia: Companies investigated for price fixing of disposable diapers

bbc.co.uk reported Something does not smell right in the world of baby diapers Colombia: after months of investigation, the Superintendency of Industry and Commerce of Colombia (SIC) decided to accuse the country’s leading manufacturers of conspiring to artificially inflate the prices of their disposable diapers. The scandal involves the manufacturers of the Winny, Huggies, Baby Sec Pequeñín and brands, which account for 96% of the local market worth approximately $ 300 million each year. All information indicates that they were from the same industry that went on SIC on the track of the alleged anti-competitive practices, which would go back at least to 2000 and could be repeating itself in other countries of the area. Read Article