Procter & Gamble Settles Italian Probe Into Hair Removal Device Ads
MT Newswires Live
Sep 25
Procter & Gamble (PG) has resolved an investigation by the Italian Competition Authority into advertising for its Braun Skin i-Expert IPL hair removal device, according to the regulator's statement Friday.
The Italian antitrust body closed the probe after accepting commitments from the consumer goods company regarding the marketing campaign for its hair removal device, it said.
According to the regulator, Procter & Gamble has removed claims that the product delivers lasting results for two years and also extended its 100-day full purchase-price refund guarantee by six months until Dec. 31.
Procter & Gamble did not immediately respond to a request for comment from MT Newswires.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.