Procter & Gamble Settles Lawsuit Over Olay Packaging

Consumer goods giant Procter & Gamble Co. has settled a lawsuit alleging that the company used oversized packaging to make its Olay beauty products seem larger than they are. The civil complaint, which was filed by district attorneys in Riverside, Yolo, Fresno and Shasta counties in California, said the Cincinnati-based company violated California's slack fill law, which prohibits companies from using packaging with so much empty space that the item can seem bigger than it really is. As part of the settlement, Procter & Gamble will pay $850,000 in fines without admitting wrongdoing, and must change its packaging by Jan. 1, 2018.