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Adecco, Randstad Investigated in French Antitrust Inquiry

July 11 (Bloomberg) -- Adecco SA and Randstad Holding NV said they’re among temporary-staffing companies that are being probed by French regulators in an investigation into whether they infringed competition rules.

Adecco is “fully cooperating” with the antitrust regulator, the Glattbrugg Switzerland-based company said in a statement today. Randstad, based in Diemen, Netherlands, also said it’s cooperating and that it has confidence in a positive outcome.

The Swiss company generated 25 percent of its sales from the French market last year. That compares to 18 percent for Randstad. The companies, the world’s two biggest providers of temporary workers, didn’t name which other competitors are being investigated.

The French Competition Authority carried out raids yesterday, an official said by phone, declining to give further information on the subject of the investigation. The official asked not to be identified by name, according to the authority’s policy. The regulator imposed 94.4 million euros ($123 million) in fines on staffing companies including Adecco and Randstad in 2009 for price fixing and sharing sensitive information.

To contact the reporter on this story: Maud van Gaal in Amsterdam at mvangaal@bloomberg.net

To contact the editor responsible for this story: David Risser at drisser@bloomberg.net

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