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SEC Filing: Manpower - Update on appeals in French recruitment cartel probe

( August 6, 2010, 07:38 GMT | Official Statement) -- MLex Summary: Manpower has stated that it has lodged a second appeal against a French competition authority decision in the recruitment sector. The company lost its first appeal.In February 2009, the French Competition Council rendered its decision and levied a fine of €42.0 million ($55.9 million) related to the competition investigation that began in November 2004, conducted by France’s Direction Generale de la concurrence, de la Consommation et de la Repression des Fraudes (“DGCCRF”), a body of the French Finance Minister that investigates frauds and competition violations. We had accrued for this fine as of December 31, 2008, paid this fine in April 2009 and appealed the Competition Council’s decision. In January 2010 we received notification that our appeal was denied and in March 2010, we again appealed the Competition Council’s decision to the Cour de Cassation....

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