ProcterAndGamble

P&G and Coca-Cola Under Investigation: EU's Antitrust Watchdog Launches Unprecedented Raids

9 days ago

In a significant move, the European Union’s antitrust regulators have launched surprise raids on the offices of Procter & Gamble (P&G) and Coca-Cola amid allegations concerning anticompetitive practices. This bold action signals the EU’s commitment to enforcing competition laws strictly and ensuring a level playing field in the marketplace. The raids took place on April 10, 2025, as authorities sought to gather evidence related to suspected violations of EU antitrust regulations.

P&G Reports Disappointing Sales Growth Amid Declining Demand in Beauty and Baby Care Sectors

6 months ago

Procter & Gamble (P&G), a leading consumer goods company, recently disclosed its financial results for the first quarter of its fiscal year 2024, revealing a troubling trend in sales performance. According to the report, growth figures fell short of analysts' expectations as the company grappled with decreased consumer demand in its beauty and baby care segments. This has raised concerns among investors regarding P&G's ability to navigate an increasingly competitive marketplace.