Exclusive: India probes fragrance giants Givaudan, Firmenich, IFF over deals not to poach workers

Source: Reuters (via feed)




India’s antitrust watchdog is investigating global fragrance makers Givaudan, Firmenich, and International Flavors & Fragrances. The probe concerns allegations of anti-poaching deals involving these companies. Regulatory documents reveal the investigation is ongoing. The companies named are among the major players in the fragrance industry. The source of the probe is India’s competition regulator. No further details on the investigation’s scope or findings have been provided.

BizTrendWire Insight:

The investigation involves major global fragrance companies and antitrust enforcement in India.


Read full story on Reuters

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