Kimberly-Clark, rival CMPC allegedly fixed Chile diaper prices-report

Kimberly-Clark Corp and competitor CMPC allegedly fixed prices for diaper products in Chile between 2002 and 2009, according to a document sent to the nation's competition regulator, daily newspaper La Tercera reported on Tuesday. The companies agreed on price hikes, coordinated promotional activities, and shared information regarding pricing that would have affected the tissue and sanitary businesses, according to the document, which was written by CMPC and sent to the regulator, FNE. "Kimberly