A well-known cosmetics company was fined for industrial espionage

The famous French cosmetics company L’Oreal was fined by the Paris court for 370 thousand euros for industrial espionage.

The injured party acted firm Guinot, a large network, which includes several hundred beauty institutes. The plaintiff initially insisted on the recovery of 13.5 million euros for the appropriation of technology and methods, but the judge did not grant the claim in full, because he considered the damages were less than claimed.

A well-known cosmetics company was fined for industrial espionage

The investigation revealed that L’Oreal had sent people to a competitor who posed as inspection inspectors, thereby learning information that constituted trade secrets. The fined company has not ruled out the possibility of an appeal.

Earlier it became known that the popular French company L’Oreal will refuse to use the words “white” and “light” in describing its cosmetics. It is noted that the brand has legitimate concerns about the words used to describe products to even out skin tone.