IFF Jul 2024 85.000 put
| Previous Close | 0.4000 |
| Open | 0.4000 |
| Bid | 0.1000 |
| Ask | 0.2500 |
| Strike | 85.00 |
| Expire Date | 2024-07-19 |
| Day's Range | 0.4000 - 0.4000 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 2 |
- Reuters
EU fines IFF for obstructing investigation of suspected fragrance cartel
The European Commission said on Monday it had fined U.S. company International Flavors & Fragrances (IFF) and its French affiliate 15.9 million euros ($17.05 million) for obstructing an inspection in an ongoing investigation of a suspected cartel in the supply of fragrances and fragrance ingredients. "The Commission found that during the inspection (in March 2023), a senior employee of IFF intentionally deleted WhatsApp messages exchanged with a competitor," the Commission said. The investigation of a suspected fragrance cartel, which was opened in March 2023 and also targets Swiss companies Givaudan and Firmenich International as well as German player Symrise, is ongoing, the Commission added.
WWDEuropean Commission Fines IFF 15.9 Million Euros for Antitrust Inspection Obstruction
At issue were WhatsApp messages being deleted during the probe.
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