April 10 (Reuters) - Tide detergent maker Procter &
Gamble ( PG ) has been identified as the subject of an EU
antitrust regulators' investigation initiated last month that
had also targeted Coca-Cola bottlers, Bloomberg reported on
Thursday citing people familiar with the matter.
The European Commission had conducted inspections at the
premises of companies active in the non-alcoholic drinks sector
and had also quizzed an unidentified personal care company in
March over concerns of possible curbs on the trade of goods
across Europe and carving up markets.
Companies risk fines of as much as 10% of their global
annual revenues if found guilty of breaching EU antitrust rules
against cartels and abuse of market power.
EU officials have sent over a questionnaire to P&G and are
collecting evidence from competitors and customers, the
Bloomberg report said. No formal allegations have been made
against Procter & Gamble ( PG ).
The European Commission and Procter & Gamble ( PG ) did not
immediately respond to Reuters request for comment.
Reuters had identified Coca-Cola bottlers as the target of
EU antitrust regulators, citing a person with direct knowledge
of the matter.