Case Overview

This putative antitrust class action alleges an unlawful conspiracy to fix, raise, or maintain the prices of fragrances and fragrance ingredients in violation of Sections 1 and 3 of the Sherman Act. Defendants—Symrise AG, International Flavors & Fragrances Inc., Givaudan SA, Firmenich International SA, and their related entities—collectively make up approximately 64% of the global flavors and fragrances market. Plaintiffs allege that since at least January 1, 2018, Defendants imposed price increases not justified by competitive factors.

The action covers direct-purchaser claims against IFF for purchases of fragrance ingredients in the U.S. between January 2018 and December 2023.

Defendants

Symrise AG; International Flavors & Fragrances Inc.; Givaudan SA; Firmenich International SA; and entities owned or controlled by them.

Settlements / Status

Initial settlement reached with International Flavors & Fragrances, Inc. for $26 million.

Filing Deadlines / Updates

None yet.