Colgate, Procter & Gamble Forced to Sell 50 Percent of All Products to Venezuelan State

President Nicolás Maduro and his regime, unable to maintain control of the distribution of regulated foods and other basic products, has announced that 50 percent of products produced by hygiene companies in Venezuela like Colgate Palmolive and Procter & Gamble (P&G) will be allocated toward the government program CLAP. Last April, Maduro established the Local Committees for Supply and Production, better known as CLAP for its acronym in Spanish, which is responsible for delivering and selling food and basic products at subsidized prices. More…