Jump to Navigation

Stores To Give Away Cosmetics To Settle Lawsuit

NEW YORK — Starting next week, several big retailers will give away $175 million worth of free high-end
cosmetics including such brands as Estee Lauder and L'Oreal to consumers as part of a class-action
settlement alleging that the stores planned to fix prices.

The offer is part of an agreement to settle a lawsuit filed in 2003 in a California federal
court. The suit alleges stores tried to limit sales and scale back on the amount of cosmetics in
their inventory, thereby keeping both prices and competition high.

The department stores involved in the matter have denied any wrongdoing.

The products will be available starting Jan. 20. Shoppers are only permitted to receive one
product made by cosmetic companies that include Chanel, Estee Lauder and L'Oreal USA, among
others.

Central Ohio stores participating in the settlement include Macy's, Nordstrom and Saks Fifth
Avenue.

More information is available at the Web site,
www.cosmeticssettlement.com.



Main menu 2

Dr. Radut Consulting