--European Union antitrust watchdogs undertook an informal antitrust probe into whether Procter & Gamble attempted to prevent its products from moving freely between countries within the bloc at lower prices, Bloomberg reports, citing unnamed sources.
--No formal allegations have been made against P&G, and the company being asked for information doesn't presume any suggestion of guilt, according to Bloomberg.
--The EU's executive arm, the European Commission, declined to comment to Bloomberg, while P&G didn't immediately respond to a request for comment.
Full story: https://tinyurl.com/6a4tz2bc
Write to Najat Kantouar at najat.kantouar@wsj.com
(END) Dow Jones Newswires
April 10, 2025 07:28 ET (11:28 GMT)
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