Proceedings initiated against the stated individual by the Commission.
In Switzerland, things can burn a hole in your wallet faster than a wildfire, but one supermarket chain is fighting back.
Could Nivea products in Switzerland be partly so expensive due to Beiersdorf, the manufacturer based in Hamburg, abusing its market power in an unfair manner? This is the crux of an investigation recently announced by the Swiss Competition Commission (Weko).
"Beiersdorf is considered innocent until proven guilty"
They are examining whether Beiersdorf demands higher prices for Nivea products from Swiss supermarket chain Migros than from similar foreign counterparts. "Beiersdorf is considered innocent until proven guilty," they stressed.
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The Migros cooperative lodged a complaint against Beiersdorf - Weko confirmed this through a spokesperson. The negotiations between Migros and Beiersdorf for better terms fell through in late 2024. The Weko investigation, expected to last 18 months according to the spokesperson, is currently underway (dpa/mp).
Sources:
- Swissinfo
- Reuters
- BBC
- CNN
- The Swiss Competition Commission (Weko) is scrutinizing whether Beiersdorf, the manufacturer of Nivea products, is exploiting its market power by asking for higher prices from Migros, the Swiss supermarket chain, compared to similar foreign counterparts.
- The ongoing investigation by the Swiss Competition Commission (Weko) involving Beiersdorf could potentially uncover a practice of charging Migros higher prices for Nivea products compared to similar foreign retailers, a practice that might be considered anticompetitive in the finance and retail business sectors.
