Symrise seeks annulment of anti-trust commission raids

Symrise seeks annulment of anti-trust commission raids

THE WHAT? Symrise is petitioning the European Union’s General Court to annul the European Commission’s decision to raid fragrance companies in the pursuit of information that would inform any anti-trust case brought against the industry, according to a report published by Reuters.

THE DETAILS Symrise has challenged the wording of the decision, arguing that the scope of the inspection was not clear. The fragrance manufacturer has issued a statement revealing that it believes that it cannot be the main target of the investigations, given that the Commission has only retained a marginal number of documents.

THE WHY? Symrise claims, per Reuters, that, “the Commission did not have sufficient indica providing reasonable grounds for suspecting the applicant’s involvement in any competition law infringement.”

WELLNESS

FASHION

TRAVEL

PROFESSIONAL BEAUTY

JOBS & PEOPLE