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ManpowerGroup: Probe involves vendor neutral platforms

July 19 2013

An investigation in France is believed to involve vendor neutral platforms, said ManpowerGroup Inc. (NYSE: MAN) chairman and CEO Jeffrey Joerres in a conference call with analysts today.

ManpowerGroup was one of three staffing firms named in an investigation by the French competition authority. Other firms mentioned were Adecco and Randstad.

“We believe the focus of this investigation relates to the commonly used vendor neutral platforms in the industry and whether these platforms adversely impact the competitive dynamics of the industry,” Joerres said. “At this point, no specific charges have been levied, and we do not believe we are in violation of the competition laws.”


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