Cosmetics firms plan $175 million giveaway, Free products part of
pricefixing
settlement, Bob Egelko, Chronicle Staff Writer, Saturday, July 19, 2003
It figures to be a rush the likes of which the nation's cosmetics
counters have never seen: a $175 million giveaway of toplabel perfumes,
lipsticks and other adornments to anyone who's bought them in the last
nine years.
It's part of a settlement by cosmetics manufacturers and retailers of a
pricefixing suit, originally filed five years ago in Marin County and
updated and refiled as
a nationwide class action Friday in U.S. District Court in San
Francisco. There's also a $24 million bauble for a flock of plaintiffs'
lawyers.
rest of story at
http://sfgate.com/cgibin/article.cgi?f=/c/a/2003/07/19/BA89265.DTL
Leslie
From what I read (Chron article this morning), the companies are being
allowed to formulate special products for the settlement giveaway. If they
are smart they will try to pass off really inexpensive products (who knows
if they will be decent or worthless), so I'm not impressed yet. I have
purchased cosmetics/skincare/fragrances from almost all the defendents
within the specified time period. I'm sure many other AF'ers have, too. I'm
surprised there isn't more discussion about this on AF.
Claire in SF